Dear All,
Please what is the difference between the Stata commands locproj and lpirf ? I am trying to use the local projection approach, but I am confused about which of the two commands is more appropriate. My study is on monetary policy transmission.
Thanks in advance for your assistance.
Please what is the difference between the Stata commands locproj and lpirf ? I am trying to use the local projection approach, but I am confused about which of the two commands is more appropriate. My study is on monetary policy transmission.
Thanks in advance for your assistance.