I have seen in a few papers in macroeconomics (which is not my field of expertise), histograms showing results for "the distribution of the impact effect" of impulses after plotting the OIRFs.
I want to have a histogram that shows the distributions of the impact effects and another histogram showing the distribution of the one-period effect based on 1000 draws from the posterior distributions generated by estimating the VAR. (For each draw from the parameter space, I should draw 1000 candidate shocks).
My Var and OIRFs are below
Code:
var macro news output , lags(1/2) dfk lutstat irf create order1, step(10) set(myirf1, replace) irf cgraph (order1 macro ouput oirf), level(90)
Can anyone help with this, please?
Thank you
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