Thanks, Tom. I checked the code and confirmed that my results are the same as yours.
Thanks also for pointing out the difference between the figures in the paper and those by Rats's.
Tatsuma
Search found 2 matches
- Mon Nov 19, 2018 10:34 am
- Forum: Examples and Sample Code
- Topic: Jorda(2005)—Local Projection Impulse Responses
- Replies: 12
- Views: 75509
- Mon Jul 30, 2018 3:42 am
- Forum: Examples and Sample Code
- Topic: Jorda(2005)—Local Projection Impulse Responses
- Replies: 12
- Views: 75509
Re: Jorda(2005)—Local Projection Impulse Responses
Dear Tom, Thanks so much for the sample code! I have the following 2 questions: 1. It seems that the number of observations used to get the local projection IR changes (decreases) as h increases. Am I right? Some of the sample codes posted on Oscar Jorda's website uses the same number of observation...