Hi,
I would appreciate if someone could explain (or to point to a study in which it is explained) how to use common factor decomposition for highly correlated shocks if I want to avoid using Cholesky decomposition in DYNARE so that responses are symmetrical. Thanks.
Max
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
IRFs for highly correlated shocks
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
1 post
• Page 1 of 1
IRFs for highly correlated shocks
by mchaban » Mon Aug 03, 2015 5:44 am
- mchaban
- Posts: 1
- Joined: Wed Jul 29, 2015 1:20 am
1 post
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 11 guests