SVAR and Impulse response function

For technical questions regarding estimation of single equations, systems, VARs, Factor analysis and State Space Models in EViews. General econometric questions and advice should go in the Econometric Discussions forum.

Moderators: EViews Gareth, EViews Moderator

chssb10
Posts: 7
Joined: Tue Sep 21, 2010 7:02 pm

SVAR and Impulse response function

Postby chssb10 » Wed Sep 22, 2010 12:19 am

Hi all,

I'm working on a SVAR model with short-run restrictions.
I just want to know whether it is possible for eviews to generate impulse response functions with negative shocks instead of positive shocks?

Thanks!

chssb10
Posts: 7
Joined: Tue Sep 21, 2010 7:02 pm

Re: SVAR and Impulse response function

Postby chssb10 » Wed Sep 22, 2010 6:54 pm

Anyone can help???

I'm actually running a model to study the impact of monetary policy on asset prices.
A positive shock on interest rate can only allow me to see the impact of a contractionary monetary policy on asset prices.
What I am more interested in looking at is the impact of an expansionary monetary policy on asset prrices.

So, I'm just wondering whether Eviews can give a negative shock to interest rate (which means an expansionary monetary policy".

THANKS !!!!


Return to “Estimation”

Who is online

Users browsing this forum: No registered users and 2 guests