Impulse Response Function VAR with Logged variables
Posted: Wed Jun 01, 2011 12:47 am
Hi there,
Half of my data consist of logged variables and this makes an impulse response function hard to interpret. Therefore I want to compute level-IRF's for my VAR model with log-transformed variables. Who knows what to do?!
Thanks in advance!!!
Karin
Half of my data consist of logged variables and this makes an impulse response function hard to interpret. Therefore I want to compute level-IRF's for my VAR model with log-transformed variables. Who knows what to do?!
Thanks in advance!!!
Karin