Cumulative IRF and Cumulative Fiscal Multipliers
Posted: Thu Dec 22, 2016 4:04 am
Hi
I developed 5 variable SVAR for estimation Fiscal multipliers.
How can I interpret my IRFs into Multipliers? (variables are in log)
how can I calculate cumulative multipliers using impact multipliers?
I developed 5 variable SVAR for estimation Fiscal multipliers.
How can I interpret my IRFs into Multipliers? (variables are in log)
how can I calculate cumulative multipliers using impact multipliers?