Hello,
I'm using VAR models in R in order to obtain impulse responses of stock
market shock on US economy.
I have series of quarterly changes in real gdp, S&P 500 and quarterly level
of unemployment for 1985 - 2012 period.
My series are stationary. So I did all the steps below. However I don't
und
Hello,
I'm doing a research on the impulse responses in VAR models and I'm having
troubles in interpretation of R results.
My question is what is the shock of impulse variable that is produced to
obtain the response? Is it one-standard-deviation positive shock? If it is
so how can I obtain the re
2 matches
Mail list logo