The RATS Software Forum

Thanks Tom - I reestimated in logs. So - to be clear - if I want the Brent shock to be 20%, I would multiply all the KRW by 20 as the initial shock is 1% from brent? Thanks for your help? Entry DBRENT DKRW BRENT KRW 1 1.0000000 0.0000000 1.0000000 0.0000000 2 0.3541989 -1.4003036 1.3541989 -1.400303...

The initial data is all in levels not in logs.


Would I divide each KRW impulse by the initial BRent shock or the corresponding Brent impulse respose (e.g., KRW 3rd period with Brent 3rd period) or the original Brent shock.

Hi I have run an ECM with CATS and exported the CATS model and run the following code: impulse(model=catsmodel,results=catsirfs,cv=%identity(2),steps=24,print) This is the output from the first 5 impulse responses: Entry DBRENT DKRW BRENT KRW 1 1.0000000 0.0000000 1.0000000 0.0000000 2 0.3541989 -1....