IRFs are very jagged?
Posted: Sun May 24, 2015 12:23 amAt first, I got smooth IRFs. After I changed some parameter, the IRFs became very jagged? What does it mean and can I still trust the result? Cheers!
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IRFs are very jagged?
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Posted: Sun May 24, 2015 12:23 amRe: IRFs are very jagged?
Posted: Sun May 24, 2015 11:24 amUnless you have a good intuition why your IRFs should look this way, you should assume there is still something wrong.