Hi everyone,
I would really appreciate your help with one of my shock decomposition graphs. To me it looks a little bit odd, as most of the shock contributions change their sign towards the last third of the sample (when the smoothed series starts to increase again). Like some sort of overshooting behaviour. Hence, it would great if I could get a second view on this, as the graph might indicate fundamental problems of the model/data/estimation.
Many thanks,
Robert