Impulse Response Analysis

2011-04-21
2013-04-30
  • Hi,
    Does anybody know if Jmulti has the option to change the size of the innovation? Now only it is possible to generate the IRA with a innovation of size “one standard deviation”
    I will really appreciate your answers
    Best Regards

     
  • SamSimon
    SamSimon
    2011-11-24

    You can rescale the response once you produce the table of the point estimates and the confidence bands values.

    As far as I know, not even EViews (that I find extremely "user-friendly") allows to change the "one standard deviation" shock when doing impulse response analysis.