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reading IRF

PostPosted: Mon Aug 06, 2007 7:51 am
by reubenpjacob
hi Group,
in the dynare output for impulse responses, if the variable X jumps to 0.02 after a shock, how does one interpret the result...

a. X responds with a 2 per cent deviation from steady state

b. X responds with a 0.02 per cent deviation from steady state.


cheers
reuben

irf measure

PostPosted: Mon Apr 21, 2008 4:48 pm
by mtv20
Can anyone reply to this question please? I have the same question and I think this forum will be more useful if experienced people provide some answers to forum questions rather than just looking at them and copying the relevant mod files.

m.

PostPosted: Tue Apr 22, 2008 9:50 am
by aemkei1982
I hope this previous topic answers your question

viewtopic.php?f=1&t=207 *

NB: * new url