Symmetric Shock Decomposition Diagram
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Hello,
How would one go about interpreting the following shock decomposition diagram?
In the diagram q represents exchange rate.
I have never seen this before in my other shock decomposition diagrams, and I am a little confused by it.
Any insight would be helpful.
Thank you,
Richard
How would one go about interpreting the following shock decomposition diagram?
In the diagram q represents exchange rate.
I have never seen this before in my other shock decomposition diagrams, and I am a little confused by it.
Any insight would be helpful.
Thank you,
Richard