EViews.com

Dear Admin or helpers,

I hope you are all doing well.

I want to know the following, if anyone can help.

1. What procedure does the Monte Carlo follows for computation of confidence bands for IRFs and standard errors for VDCs? e.g. For RATs program the confidence bands are computed using Walter Enders 4th Ed page 299-300 - therefore I am sure what i am doing, however how can i know what is being done by the program in eviews?

I am asking this because I do not want to blindly apply the method and present results. Furthermore, I have read the Eviews documentations i.e. detailed section at = http://www.eviews.com/help/helpintro.ht ... el.html%23 and http://www.eviews.com/help/helpintro.ht ... ecomp.html

However, i could not find the answer to my query. I hope to receive a response and be able to understand what i am trying to achieve. Thanks in advance. Looking forward for a simple answer to a simple question.

Regards,

It seems like people are blindly running VAR models and taking out results and writing papers ... I still hope that someone from the eviews can answer my questions otherwise i think they also just did a monte carlo for VDCs and IRFs using normal technique ... no support from a theory/book.