The RATS Software Forum

In the following code, would impulse responses be interpreted as std deviations or percentages? * MONTESUR.RPF * Uses Gibbs sampling to analyze the impulse response functions for a * near-VAR. * compute lags=2 ;*Number of lags compute steps=20 ;*Number of response steps compute nburn =5000 ;*Burn-in...

I am analysing the financial linkages between the US and Trinidad and Tobago(TT) using a Near VAR model This model assumes that US variables affect TT variables but not vice versa. Below is the code used to get the VAR, variance decompositions, impulse responses and impulse response graphs. Now I am...

Yes that is the intention. Everything else remains constant with the exception of the the two parameters being observed to gauge the effect.
Thanks for your quick response.

Thank you. I'll try and see if it works!

I am very new to RATs and would like to perform a simple simulation exercise. If I would like to simulate different responses in order to maintain a growth rate of GDP of 5% for example. First assuming that Contribution of net exports to GDP is say -3.2% and private consumption expenditure to GDP is...

I am trying to solve the following equations for a multiplier.
I know that a structural model was used but I am not sure what to use or how to obtain a range of values for the coefficients.
Can anyone please see the attached file and assist,? This is very improtant for my thesis.