FEVDandGFEVD function

FEVDs and GFEVDs for all models

FEVDandGFEVD(ModelType, ModelPara, FEVDhoriz, FactorLabels, Economies)

Arguments

• ModelType: string-vector containing the label of the model to be estimated
• ModelPara: list of model parameter estimates (see the "Optimization" function)
• FEVDhoriz: single numerical vector containing the desired horizon of analysis for the FEVDs and GFEVDs
• FactorLabels: string-list based which contains all the labels of all the variables present in the model
• Economies: string-vector containing the names of the economies which are part of the economic system

Details

Structural shocks are identified via Cholesky decomposition