S2S IR estimate runs out of bootstrapped CIs!

ccc
2010-12-09
2013-04-30
  • ccc
    ccc
    2010-12-09

    Hello markus and other participants,

    For the S2S procedure (with and without restrictions) the point estimates of the IRs for the corresponding SVECMs are ALWAYS outside the bootstrapped CIs. This remains even if the number of bootstraps is set very high under each method for CIs.  Maybe the bootstrap procedures are based on different than the initial S2S estimates if S2S is chosen?!  

    Can you solve this problem?

    Thanks!

    ccc