The RATS Software Forum

Thanks Tom

Hello :D I am trying to replicate the procedure as in Bayoumi and Eichengreen(1993)* to investigate the similarities between demand and supply shocks among countries in the West African Monetary zone (WAMZ) - Nigeria, Ghana, Sierra Leone, Liberia, Gambia and Guinea. These countries intend to form a ...

Hello, I am trying to estimate a rolling bi-variate VAR as in Blanchard and Gali (2007): The Macroeconomic Effects Of Oil Price Shocks: Why Are The 2000s So Different From The 1970s? Basically its similar to the idea behind ROLLREG rolling regressions just that its a VAR with two variables. It's a m...

Hello, I am estimating a 6 variable VAR and I was interested in carrying out the historical decomposition procedure. Upon reading the user guide. I came up with the following procedure after setting up and estimating the VAR. *************************************************************** *SET UP/ES...

Thanks Tom, I put in the code as advised below in step 3 and I obtained 6 graphs however when I tried to run steps 4,5 & 6, i get the following responses with no graphs: ##SX1. identifier IMPLABEL is already in use as a(n) RECTANGULAR [STRING] subscripting error. Had array reference with(). Need...

Thanks Tom

Hello, I am trying to estimate a 3 variable SVAR of the effects of oil price shocks on macroeconomic fluctuations as in "BJØRNLAND, H. C. (2000). The dynamic effects of aggregate demand, supply and oil price shocks - a comparative study. The Manchester School of Economic Studies, 68, pp. 578–60...

Hello, I am trying to estimate a 3 variable SVAR of the effects of oil price shocks on macroeconomic fluctuations as in "BJØRNLAND, H. C. (2000). The dynamic effects of aggregate demand, supply and oil price shocks - a comparative study. The Manchester School of Economic Studies, 68, pp. 578–60...

I finally figured it out thanks tom

:D Thanks Tom, I guess I really am a rookie. I have obtained that and presently I am trying to obtain the Impulse responses and following the User guide, I came up with the following code CALENDAR(M) 1987:1 DATA(FORMAT=XLS,ORG=COLUMNS) 1987:01 2010:12 mex_ur mex_ip mex_inf mex_cpi mex_exr oilp_wti *...

Hello, I am trying to estimate a 3 variable SVAR of the effects of oil price shocks on macroeconomic fluctuations as in "BJØRNLAND, H. C. (2000). The dynamic effects of aggregate demand, supply and oil price shocks - a comparative study. The Manchester School of Economic Studies, 68, pp. 578–60...