Variance decomposition and Impulse response
Posted: Sat Sep 24, 2016 3:19 am
Hi,
Attached is a DSGE model mod file. I find that for some variables, the model is not producing impulse responses although the variance decomposition shows that it is being explained by certain shocks. For example, r_d (deposit rate). I have not been able to explain why this is happening. Can anyone help with this please.
Looking forward to it.
Thanks.
Attached is a DSGE model mod file. I find that for some variables, the model is not producing impulse responses although the variance decomposition shows that it is being explained by certain shocks. For example, r_d (deposit rate). I have not been able to explain why this is happening. Can anyone help with this please.
Looking forward to it.
Thanks.