Impulse response scale specification
Posted: 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
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