Dear Professors,
I noticed that the overlaid irf is not compatible with the VEC model; the graph usually produced is disgusting unlike in the VAR/SVAR cases. Please, can someone explain to me why this problem keeps occurring or is it that STATA does not currently support overlaying irf in the VEC model?
I noticed that the overlaid irf is not compatible with the VEC model; the graph usually produced is disgusting unlike in the VAR/SVAR cases. Please, can someone explain to me why this problem keeps occurring or is it that STATA does not currently support overlaying irf in the VEC model?
