I have two basic questions for a VAR analysis:
1- I am estimating a var and plotting the orthognalized IRFs. The default in Stata for confidence level is 95%.
Is there a way to show different confidence levels for the same graph, for example showing lines for 95% and 99% levels for the impulses instead of only 95% or 99%?
I used this anyways to plot my irfs:
Code:
var gdp inv oil klm, lags(1) dfk irf create order1, step(10) set(myirf1, replace) irf cgraph (order1 klm gdp oirf)
0 Response to showing different confidence levels for IRF & positive versus negative shocks (VAR analysis)
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