Impulse response - Size of the shock
Posted: Wed Jul 07, 2010 6:44 am
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% ?
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% ?