D09-F03-A04 · GUIDED MULTIVARIATE LAB
Impulse-Response Analysis
Learn to calculate horizon-by-horizon response matrices and explain exactly which shock normalization they answer.
Moving-average recursion Phi_0=I and Phi_h=sum A_j Phi_(h-j), multiplied by a declared recursive impact matrix P. Synthetic results demonstrate the contract; they do not identify a real economic shock or prove forecasting value.
Stage 1 of 5