Thanks for your reply sir. What I am talking about is the usage of the
Restr pattern (short-run C) (matrix) and the Restr pattern (further
long-run C) matrix in the SVEC gui.
Regards
Timmy
On Thu, Apr 18, 2019, 11:13 AM Sven Schreiber <svetosch(a)gmx.net> wrote:
Am 18.04.2019 um 12:08 schrieb Olasehinde Timmy:
> Yes exactly. How do we apply the restrictions in the SVEC adons?
How to apply the restrictions is explained in the SVAR addon manual,
specifically the SVEC chapter 7. SVEC_GUI is just a frontend to SVAR,
nothing is changed with respect to the restrictions.
As explained in that chapter, the presence of cointegration already
gives you some "automatic" restrictions, but this is not specific to
SVEC_GUI.
-s
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