IRF Graph Generation -levels to percentage changes

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IRF Graph Generation -levels to percentage changes

Postby samster » Thu Jun 20, 2013 3:55 pm

Hi:

Suppose a model is described in levels is there a way to convert the graphs from changes in levels to percentage changes?

Thanks.
samster
 
Posts: 16
Joined: Thu Jul 01, 2010 7:08 pm

Re: IRF Graph Generation -levels to percentage changes

Postby jpfeifer » Mon Jun 24, 2013 7:53 pm

You can do it manually by reading out the IRFs from the oo_ results structure and then scaling them by their steady states (also in oo_). Alternatively, if none of your variables is in logs, use the loglinear option by putting
Code: Select all
options_.loglinear

before stoch_simul.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
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Re: IRF Graph Generation -levels to percentage changes

Postby samster » Wed Jun 26, 2013 4:06 am

Thanks very much.
samster
 
Posts: 16
Joined: Thu Jul 01, 2010 7:08 pm


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