error message with @varirf

[wolly77]

Dear guys, I'm using the version 7 of Winrats. I have a problem in producing graphically the Impulse Responses functions in the Blanchard Quah procedure. I use the command:

@varirf(model=bqmodel,decomp=factor,steps=40,byshock,noscale,$
vlabels=||"Output","Unemployment"||,labels=||"Supply","Demand"||,accum=||1||)

as specified in the code available. But this message appears after having run the command:

## OP3. This Instruction Does Not Have An Option BYS
>>>>r,steps=40,byshock,<<<<

What is the problem? And how can i solve it?
Thanks to everyone.

[TomDoan]

That's the older syntax for VARIRF. Have you looked at the BQEXAMPLE.PRG that's part of the Blanchard-Quah replication? That uses the newer VARIRF that has better graphics, plus includes an option to accumulate the responses on the fly.

[wolly77]

Dear Tom, I'm using the codes in the BQEXAMPLE.prg. So, I'm using the latest version of VARIRF function.

[TomDoan]

Sorry about that. We updated the files for that, but not the contents of the .zip. Try the programs on this:

blanchardquahaer1989.zip

(6.87 KiB) Downloaded 131 times

[wolly77]

Now it runs. Many thanks Tom!