Scale specification: impulse response function

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sofp
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Joined: Mon Jul 04, 2016 2:48 pm

Scale specification: impulse response function

Postby sofp » Wed Aug 17, 2016 11:50 am

Hi,

do you know if the numbers on the y-axis of the impulse response function are already specified as a percentage? For example Response of DLOGREALGDP to DLOGOP at period 2 is 0.0005% increase or 0.05% ( approximately).
Thanks
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