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Hi,
Hi,

I am not super familiar with eviews, however i am working on a SVAR model of the monetary policy transmission mechanism in sweden. I would like to do the restrictions i attached in the EXCEL file and put it in to eveiws. However I dont know how to implement/structure the restrictions I have in the matrix form (see attached excel file) in to text code in the structural factorization/impulse function in eveiws.

If anyone could help me I would be grateful.

I attached the excel file and the eviews file. In the eveiws file i have been working on the var_2013 file.

Thanks

Otto

I have no identified some restrictions on my model. See below.

@e1 = C(1)*@u1 + c(2)*@e6
@e2 = C(3)*@e1 + C(4)*@u2 + C(5)*@e5
@e3 = C(6)*@e2 + C(7)*@u3 + C(8)*@e4 + C(9)*@e5 + C(10)*@e7
@e4 = C(11)*@e2 + C(12)*@e3 + C(13)*@u4 + C(14)*@e5 + C(15)*@e7
@e5 = C(16)*@u5
@e6 = C(17)*@e1 + C(18)*@e2 + C(19)*@e3 + C(20)*@e4 + C(21)*@e5 + C(22)*@u6
@e7 = c(23)*@e2 + C(24)*@e3 + C(25)*@e4 + C(26)*@e5 + C(27)*@e6 + C(28)*@u7


However when I put it in to Eviews i receive the fault message: "Hessian of Structural VAR likelihood is singular at starting Values. Reset Starting values or respecify restrictions to ensure that the model is (locally) identified".

Anyone got some answers?

Thanks!

Hi mate,

I also met the same problem. Did you have the answer for this? Please share it with me. Thank you very much.

Kind regards,