Cathy
1
Hello,
I have two simple questions.
- The magnitude of the shocks when using bayesian_irf is one standard deviation. It is possible to obtain responses to shocks with magnitude 1%?
- The horizont of the shock decomposition is the same as the length of the sample used in estimation?
Thank you!
Cathy
3
The graphs obtained from shock decomposition have a time horizon greater than the length of data series.
example.doc (47 KB)
That cannot be right. Please provide the codes to replicate the issue
Cathy
5
Sorry. I don’t have the code for this results. The graph is from an study that I was trying to understand.
Ok, but then this is not a Dynare issue.