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confidence band in impulse response function

Posted: Sat Jul 12, 2014 8:51 pm
by nesreen
Hi All,

I am using Eviews 8 to estimate a Var Model, in impulse response graph, Does the two dashed lines in each panel represent 95% confidence band or 90%? and how can i know that?

would really appreciate a prompt response,

Thank you

Re: confidence band in impulse response function

Posted: Sun Jul 13, 2014 3:46 pm
by EViews Gareth
As stated at the top of the graph, it represents +- 2 Standard Errors.

Re: confidence band in impulse response function

Posted: Sun Jul 13, 2014 11:14 pm
by nesreen
sorry for the disturbance again, my question is whether this +- 2 band is interpreted as 90 or 95% confidence level? since some papers write 90 while others write 95.. so how can I know that and how can I change it from 90 to 95 and vice versa? Thank you

Re: confidence band in impulse response function

Posted: Mon Jul 14, 2014 7:52 am
by EViews Gareth
It is neither. It is +- 2SEs.