The RATS Software Forum

Million thanks Tom it worked perfectly !!!

Thank you very much. I just want to reflect in the model certain changes in the historical data of my country. For instance, during the final years of the 90s the interbank interest rate moved from 22.615% to 50.59% (in my data that means a 3 stdv shock aprox). I'm quite new using RATS, I would appr...

Dear Tom, As you suggested I used FACTOR=3.0*%DECOMP(%SIGMA) in order to compute a 3 stdv shock in the following way impulse(model=varmodel6,steps=nsteps,results=baseirfs,noprint,factor=3.0*%decomp(%sigma)) compute shocklabels=||"Foreign Interest Rate","GDP","Inflation"...

Hi Tom,
I'm using your program in order to estimate a structural VAR with seven variables but I would like to modify the magnitude of the shocks (I mean: setting for example a 2 standard deviation shock). Can you help with this issue?

Thank you!