The RATS Software Forum

Hello everyone:
I get some problem about generlaized impulse response function and it's confidence interval.There is a VAR model of fiscal issue of goverment in my thesis,I am tring to use GIRF to explain the behavior of goverment when they has a shock on their budget,here is the question,I want to know how do I make the GIRF and simulate the model to get the GIRF's confidence interval by RATS?Can someone help me?Thanks

See

http://www.estima.com/forum/viewtopic.php?f=4&t=673

TomDoan wrote:See

http://www.estima.com/forum/viewtopic.php?f=4&t=673

I got it,but how to make the confidence interval of GIRF?by using simulation?or there has other ways to figure out?

You can easily adapt the montevar procedure. This is actually described in that thread.

Make a copy of montevar.src; call it say, montegirf.src. Replace the IMPULSE instruction in it with