Re: [Gretl-users] impulse-response functions from VECM in Grtel

On Fri, 18 Aug 2017, Sven Schreiber wrote: > - I just tried your (Allin's) example setup with UNEMP PRIME in the SVAR > addon, and actually I get a very similar immediate effect of UNEMP->UNEMP. > So I think I was wrong when I inferred from the SVAR doc that the shock has > unit size. (There is a slight difference, but I think that's just the usual > issue of d-o-f corrections or not in the sigma estimate.) Perhaps the docs > for the SVAR add-on need to be clarified (note to self); or Jack could > weigh in on this. I'll try to contribute to the discussion once I'm back from holiday (end of the month). :-)