The RATS Software Forum

Dear guys, I'm using the version 7 of Winrats. I have a problem in producing graphically the Impulse Responses functions in the Blanchard Quah procedure. I use the command:

@varirf(model=bqmodel,decomp=factor,steps=40,byshock,noscale,$
vlabels=||"Output","Unemployment"||,labels=||"Supply","Demand"||,accum=||1||)

as specified in the code available. But this message appears after having run the command:

## OP3. This Instruction Does Not Have An Option BYS
>>>>r,steps=40,byshock,<<<<

What is the problem? And how can i solve it?
Thanks to everyone.

That's the older syntax for VARIRF. Have you looked at the BQEXAMPLE.PRG that's part of the Blanchard-Quah replication? That uses the newer VARIRF that has better graphics, plus includes an option to accumulate the responses on the fly.

Dear Tom, I'm using the codes in the BQEXAMPLE.prg. So, I'm using the latest version of VARIRF function.

Sorry about that. We updated the files for that, but not the contents of the .zip. Try the programs on this:

Now it runs. Many thanks Tom!