Hello,

I am estimating a “plain” model with the SVAR package  because the native irf() function returns :

Matrix is not positive definite

(Note: the reason for this error is discussed in another post)

Thus, I am trying the SVAR package, but the “actual” irf estimate is always above the bootstraped confidence bands. I am using the bias corrected bootstrapping method (Killian 1989).

I am thinking this must be a problem with my data, not SVAR or gretl? Does that sound right?

SVAR: 0.997

gretl:  1.9.90

os: win 7 64 bit

Thanks,

Logan