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  • IRF after SVAR

    I'm trying to test the impulse responses of 2 out of 4 of my variables after I have estimated my SVAR model, but I'm not sure whether to use OIRF, SIRF or simply IRF.

    Thanks

  • #2
    You may use both and see if there is difference. OIRF consider Cholesky Decomposition which permit to see the pure effect of one endogenous variable over another one.

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