Dynare forums

Hello everyone

I can't understand what does an irf-calibration plot mean!Is there any reference to study about the plot? I would be glad if someone could help me.


Best
Narges

Please provide more details. Which command option are you referring to and where have you encountered it?

The command is :
irf_calibration;
y(1:10), epsilon_t_w, -;
y(1:10), epsilon_t_k, -;
end;

It generates a plot which I can't understand what does it mean! Could you help me what it means?