The generalised impulse response diagrams are shown below. Response to Generalized One S.D. Innovations 2 analytic...

   

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The generalised impulse response diagrams are shown below. Response to Generalized One S.D. Innovations 2 analytic asymptotic S.E.s Response of DEXRATE to DEXRATE Innovation .03 .02 .01 .00 Response of DEXRATE to DCP Innovation .03 .02 .01 .00 -.01 -.01 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 .03 63 .02 10 .01 .00 Response of DCP to DEXRATE Innovation .03 .02 .01 .00 Response of DCP to DCP Innovation -.01 -.01 1 2 3 4 5 6 7 8 9 10 2 3 4 5 6 7 8 9 10 Which shock is more persistent with respect to its own shock? [2] The generalised impulse response diagrams are shown below. Response to Generalized One S.D. Innovations 2 analytic asymptotic S.E.s Response of DEXRATE to DEXRATE Innovation .03 .02 .01 .00 Response of DEXRATE to DCP Innovation .03 .02 .01 .00 -.01 -.01 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 .03 63 .02 10 .01 .00 Response of DCP to DEXRATE Innovation .03 .02 .01 .00 Response of DCP to DCP Innovation -.01 -.01 1 2 3 4 5 6 7 8 9 10 2 3 4 5 6 7 8 9 10 Which shock is more persistent with respect to its own shock? [2]