Impulse response function and Variance decomposition - VAR model in Eviews

Impulse response function and Variance decomposition analysis - VAR model in Eviews. Learn what is meant by impulse response function. var model time series : In this video you will learn how to display impulse response function and variance decomposition for VAR model in Eviews. I will teach you step by step in an easy way how to understand and read an impulse response functions, and also how to interpret and analyze a variance decomposition. I hope you enjoy this time series analysis var model! ✅ Buy Eviews Workfile Complete + SLIDES +Dataset (Includes the two VAR Videos material): https://jdeconomicstore.com/b/var-model-eviews 📈 Download the dataset for free and replicate the content of the video: https://jdeconomicstore.com/b/var-model-eviews ✅ Visit my website to see all my FREE tutorials: www.jdeconomics.com ⚠ What is the var model time series? To better understand: "Impulse response function and Variance decomposition - VAR model in Eviews ". ✅Please Watch how to estimate Var models in Eviews PART 1: 🎬 How to estimate VAR models in EViews - PART 1: https://www.youtube.com/watch?v=SbE8ns0oOTs&list=PLsZ8kVwX52ZGXxJ-bqP-WmRBD2HytO4d4 ✅ As in Part 1, we will continue replicating Stock and Watson (2001): Vector Autoregressions - Monetary policy VAR in Eviews. Monetary policy Shock in EViews. Link to download the paper in the description below. --------------------------------------------------------------------------------------------------------- ✅ Patreon: Support my channel for more content creation and get special deals and members bonus: https://www.patreon.com/JDEconomics 📺 For more videos likes this, please subscribe: https://www.youtube.com/channel/UC5P21WGFO4WRUlAiGLcwymg?sub_confirmation=1 📲 Follow me on Twitter for tips and News: https://twitter.com/EconomicsJD ❗️Get Access to all the EViews Workfiles, DO files (STATA) and Slides from my videos at: https://payhip.com/JDEconomics ☕️ If you would like to show your appreciation and make a donation: 💳 https://paypal.me/JDEconomics?locale.x=en_US --------------------------------------------------------------------------------------------------------- 🕘 Timestamps: 🎬 In this video the following analysis is performed: 👋 Introduction 0:00 📊 Impulse response function Overview: 0:48 📊 Cholesky Decomposition: 1:40 📊 Impulse response function in EViews: 3:30 📊 IRF interpretation in Eviews: 7:30 📊 IRF results comparison: 9:07 📊 IRF Puzzling Results explanation: 10:09 📊 Variance Decomposition Overview: 11:52 📊 Variance Decomposition in EViews: 12:30 📊 Structural VARs: 16:58 --------------------------------------------------------------------------------------------------------- 🗂Video Material "Impulse response function and Variance decomposition - VAR model in Eviews " 📚Stock and Watson (2001) Paper: "Vector Autoregressions". 🌐 https://scholar.harvard.edu/stock/publications/vector-autoregressions ⚠ Disclaimer: the data was gathered from different data sources (i.e., Fred , World Data Bank, etc.). The data set is not the original used by the authors, reason why some estimates may differ in a minimal way. --------------------------------------------------------------------------------------------------------- ✅ Other Useful Links: 🎬 How to estimate VAR models in EViews - PART 1: https://www.youtube.com/watch?v=SbE8ns0oOTs&list=PLsZ8kVwX52ZGXxJ-bqP-WmRBD2HytO4d4 🎬 Unit Root Test Tutorial (Stationarity): https://www.youtube.com/watch?v=65g6D4bICQY&list=PLsZ8kVwX52ZGXxJ-bqP-WmRBD2HytO4d4 🎬 How to read Eviews Regression output: https://youtu.be/DwH8lFUrhxs Interested in learning more? 🎬 Learn how to write your research paper in a fancy way in Latex with Overleaf: https://youtube.com/playlist?list=PLsZ8kVwX52ZGTCs7OsRPzweuqnJSiU76p 🎬 More EViews related videos: https://youtube.com/playlist?list=PLsZ8kVwX52ZGXxJ-bqP-WmRBD2HytO4d4 --------------------------------------------------------------------------------------------------------- 💬 Doubts or comments? Please leave your comment and I will be pleased to provide you an answer. If you liked the video and would like more content, please support my channel subscribing! 👍Like and subscribe for more videos! ❗️Get Access to all the EViews Workfiles, DO files (STATA) and Slides from my videos at: https://payhip.com/JDEconomics ❗️ Also: I will be teaching how to do this Step by Step in Python. I will also provide a PDF with all the codes, and teach you how to download Python to start getting familiar with the programming language. Interested in it? Subscribe and stay tuned. --------------------------------------------------------------------------------------------------------- Thanks!