Impulse response scale specification

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sofp
Posts: 13
Joined: Mon Jul 04, 2016 2:48 pm

Impulse response scale specification

Postby sofp » Fri Aug 19, 2016 3:09 pm

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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dakila
Posts: 489
Joined: Tue Nov 24, 2015 4:57 pm

Re: Impulse response scale specification

Postby dakila » Sat Aug 20, 2016 3:00 pm

0.05%
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