Am 24.04.2019 um 09:13 schrieb Olasehinde Timmy:
Yes, but yet I am still confused about using the SVEC GUI.for
example,
what is the additional long-run restriction meant for?
Well, the cointegration properties in a (S)VEC imply already some
long-run restrictions. But if wanted, further long-run restrictions can
be used for identification. Making sure that these two sets of
restrictions are actually compatible can be tricky, but in principle
that is the concept.
would be glad if you could make the plotting menu available in the
SVEC
GUI; I hope to see it in the upcoming version 3.0
I guess you mean 0.3, but yes, that is the plan.
cheers
sven