I am happy to get local-projection impulse–responses in Stata 18. But I cannot generate cirf after lpirf. I went through the following steps:
lpirf y x1 x2 x3, lags(1/4) vce(robust) step(12)
irf set lpirf.irf, replace
irf create lpmodel
irf graph cirf, impulse(x1 x2 x3) response(y) yline(0) xlabel(0(2)12)
Eventually, I received an error code:
cirf not available after lpirf
Could anyone please suggest me an alternative way?
lpirf y x1 x2 x3, lags(1/4) vce(robust) step(12)
irf set lpirf.irf, replace
irf create lpmodel
irf graph cirf, impulse(x1 x2 x3) response(y) yline(0) xlabel(0(2)12)
Eventually, I received an error code:
cirf not available after lpirf
Could anyone please suggest me an alternative way?
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