Hello statalists,
I need to compute impulse response function of the cyclical component of GDP obtained with the HP filter (HPcycleGDP) to a monetary shock I isolated (MPshock_CGK), similarly to Coibon (2018) pag 366
reg HPcycleGDP MPshock_CGK if t>=tq(1965q3) & t<=tq(2008Q4)
However, the irf command does not work after regress. How can I solve that? Any help?
Giacomo
I need to compute impulse response function of the cyclical component of GDP obtained with the HP filter (HPcycleGDP) to a monetary shock I isolated (MPshock_CGK), similarly to Coibon (2018) pag 366
reg HPcycleGDP MPshock_CGK if t>=tq(1965q3) & t<=tq(2008Q4)
However, the irf command does not work after regress. How can I solve that? Any help?
Giacomo
