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lost of impulse responses?????

PostPosted: Tue Dec 13, 2011 2:43 pm
by mayong1982
why there is only one impulse response with respect to n in the first graph, while the other two graphs with a complete set of impulse responses of all the 6 variables?

if anyone can help me? i appreciate it very much.

Re: lost of impulse responses?????

PostPosted: Wed Jan 04, 2012 11:58 am
by SébastienVillemot
The reason is simple: Dynare does not plot IRFs for variables that do not move following a given shock. In your case, the only variable which reacts to the first shock is n.

Best,