Dynare forums

Hello,
I have two simple questions.
1. The magnitude of the shocks when using bayesian_irf is one standard deviation. It is possible to obtain responses to shocks with magnitude 1%?
2. The horizont of the shock decomposition is the same as the length of the sample used in estimation?

Thank you!

1. See the manual on

Code: Select all

relative_irf

2. The shock_decomposition provides the most likely shock values for each sample point. What do you mean with

horizon

?

The graphs obtained from shock decomposition have a time horizon greater than the length of data series.

That cannot be right. Please provide the codes to replicate the issue

Sorry. I don't have the code for this results. The graph is from an study that I was trying to understand.

Ok, but then this is not a Dynare issue.