The RATS Software Forum

Just what I was after! Thanks

Hi Tom,

I've edited the code for Uhlig(2005) sign restricted irfs [Uhlig2.rpf] to match the Anzuini VAR specification. However, the literature generally shows the irfs to 100 basis point monetary policy shocks. How would I go about specifying the size of the impulse in the code?

I was executing line by line! I will try to run the whole thing when I get back to my desktop.

Hi, I'm a complete novice with the RATS software and am having a few issues trying to replicate the model in Anzuini, Lombardi and Pagano (2013, IJCB)- The Impact of Monetary Policy Shocks on Commodity Prices. The structural identification used in their paper is based on Kim (1999) after identifying...