impulse_response
Compute orthogonalised impulse responses from the last estimated VAR/VEC model, using Cholesky order and Monte Carlo bands to flag effects that differ from zero.
Instructions
N6 — Orthogonalised impulse responses of the last estimated model.
Cholesky in the ORDER OF THE FILES: an identifying assumption, stated in the
output. With a strong contemporaneous correlation, reload the files in
another order and compare before reading a response as a finding.
With bands (default): 95% Monte-Carlo bands from the covariance of the
estimates, redrawing the whole model through the ladder's cast; a response
whose band covers zero is not a finding.
On a VEC: the responses of the LEVELS (drvec), in drvec's order — the
VEC's normalisation order — and their permanent effect; the bands come
only from the parametric bootstrap (irf_bands, a job), never from the
covariance.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"name": "<name>"
},
"name": "impulse_response"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| name | Yes | ||
| bands | No | ||
| ndraws | No | ||
| horizon | No |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | Yes |