Hello, in the course of my research, I am using the "lpirfs" package and have encountered a particular difficulty regarding the response functions. When I estimate the response function for a given endogenous series and display the corresponding plot, everything seems in order. However, when I use a dataframe containing multiple series, including the first series, and estimate the response functions for all the series, I notice that the shape of the plot for the first series changes.
I'm a student studying economics at Université Laval.
Hello, in the course of my research, I am using the "lpirfs" package and have encountered a particular difficulty regarding the response functions. When I estimate the response function for a given endogenous series and display the corresponding plot, everything seems in order. However, when I use a dataframe containing multiple series, including the first series, and estimate the response functions for all the series, I notice that the shape of the plot for the first series changes.
I'm a student studying economics at Université Laval.