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IRFs are very jagged?
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IRFs are very jagged?
by superztt » Sun May 24, 2015 12:23 am
At 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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Re: IRFs are very jagged?
by jpfeifer » Sun May 24, 2015 11:24 am
Unless you have a good intuition why your IRFs should look this way, you should assume there is still something wrong.
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