dynmult |

Dynamic multipliers for long-run regressors in ARDL equations.

Displays a spool object with the cumulative dynamic multiplier curve for each of the long-run regressors. The argument is a positive integer denoting the horizon length, and defaults to 15.

Syntax

eq_name.dynmult(options) [horizon]

horizon is a positive integer denoting the horizon length, and defaults to 15.

Options

noci | Do not generate confidence intervals for asymmetric regressors. Note that confidence intervals can only be generated for asymmetric regressors. |

noshade | Display confidence interval using lines instead of shaded bands. |

level=number (default = 0.95) | Number between 0 and 1 representing the confidence interval level. |

reps=integer (default = 999) | Number of Monte Carlo repetitions used in the generation of confidence intervals (if applicable). |

f=number | Fraction of failed repetitions before stopping. Only applicable if a se_pattern is provided. |

prompt | Force the dialog to appear from within a program. |

p | Print output. |

Example

ardl_eq.dynmult

generates cumulative dynamic multiplier curves for each long-run regressor. The horizon length is 15, and the 95% confidence intervals (if they exist), are shaded, and derived from 999 Monte Carlo replications.

ardl_eq.dynmult(noshade) 30

generates cumulative dynamic multiplier curves for each long-run regressor. The horizon length is 30, and the 95% confidence intervals (if they exist), are not shaded.

ardl_eq.dynmult(noci)

produces cumulative dynamic multiplier curves for each long-run regressor. The horizon length is 15, and no confidence intervals are displayed.

ardl_eq.dynmult(level=0.99, reps=499) 10

shows cumulative dynamic multiplier curves for each long-run regressor. The horizon length is 10, and the 99% confidence intervals (if they exist), are shaded, and derived from 499 Monte Carlo replications.

Cross-references

See
“ARDL and Quantile ARDL” for a discussion of ARDL equation models.

See also
Equation::ardl.