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Short- and Long-run restrictions #58

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msh855 opened this issue Dec 16, 2024 · 1 comment
Open

Short- and Long-run restrictions #58

msh855 opened this issue Dec 16, 2024 · 1 comment
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@msh855
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msh855 commented Dec 16, 2024

Hi,

Does the bsvarSIGNs have the option to impose short- and long-run restrictions?

My intention is to implement a Blanchard - Quan type of analysis

@adamwang15
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adamwang15 commented Jan 11, 2025

Hi @msh855

Yes, you can impose the usual short-run restrictions using the parameter sign_irf. But currently, we do not support long-run restrictions. We might try implementing this in the future!

  • long-run restriction

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