Hello everybody,
I am required to perform impulse response analysis. The impulse is Oil price inflation, the response is Headline inflation.
I used Cholesky decomposition method which shows Response of Headline inflation to one s.d. Oil price inflation innovation. But instead of doing that I am required to analyse Response of Headline inflation to 10% increase in Oil price inflation.
Can anybody tell me how (in Eviews6) may I set size of the shock to 10% ?
Impulse response - Size of the shock
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