The RATS Software Forum

Posted: **Sun Dec 02, 2012 2:21 am**

I know the procedure @varirf uses choleski shocks. But does it use one standard deviation shock or one unit shock?
How can I change one from the other?

Thanks.

Posted: **Mon Dec 03, 2012 7:32 am**

They are one standard deviation in the Choleski factor orthonormalization. What do you mean by "unit shocks"?

The RATS Software Forum

impulse responses

impulse responses

Re: impulse responses