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bsvarPost is a companion post-estimation package for bsvars and bsvarSIGNs. It does not estimate models. Instead it provides:

  • tidy extraction of impulse responses, CDMs, FEVD, and forecasts
  • model comparison utilities across lag specifications or identifying assumptions
  • ggplot2 plot methods and publication-oriented styling
  • reporting helpers for knitr, gt, flextable, and CSV

The core question answered in this vignette is: How do fiscal spending shocks propagate through the US economy? We use the us_fiscal_lsuw dataset from bsvars, which contains quarterly US data on three variables — ttr (tax-to-revenue), gs (government spending), and gdp — to estimate a structural VAR and post-process the results with bsvarPost.

Estimation setup

The code below produces two posterior objects. We use pre-computed results for build speed — the readRDS() calls in the hidden setup chunk have already loaded them.

library(bsvars)
library(bsvarPost)

data(us_fiscal_lsuw)
# Variables: ttr (tax-to-revenue), gs (government spending), gdp

# Baseline: p = 1 lag
set.seed(123)
spec     <- specify_bsvar$new(us_fiscal_lsuw, p = 1)
post     <- estimate(spec, S = 200, thin = 1, show_progress = FALSE)

# Alternative: p = 3 lags
set.seed(456)
spec_alt <- specify_bsvar$new(us_fiscal_lsuw, p = 3)
post_alt <- estimate(spec_alt, S = 200, thin = 1, show_progress = FALSE)

Extracting impulse responses

tidy_irf() returns a tidy table with posterior summaries (median, credible interval bounds) for every variable-shock pair at each horizon. The column variable names the responding variable and shock names the structural shock.

irf_tbl <- tidy_irf(post, horizon = 20)
head(irf_tbl)
#> # A tibble: 6 × 10
#>   model  object_type variable shock horizon   mean median      sd  lower  upper
#>   <chr>  <chr>       <chr>    <chr>   <dbl>  <dbl>  <dbl>   <dbl>  <dbl>  <dbl>
#> 1 model1 irf         ttr      ttr         0 0.0291 0.0286 0.00666 0.0265 0.0308
#> 2 model1 irf         ttr      ttr         1 0.0260 0.0268 0.0119  0.0248 0.0291
#> 3 model1 irf         ttr      ttr         2 0.0226 0.0249 0.0350  0.0228 0.0277
#> 4 model1 irf         ttr      ttr         3 0.0189 0.0233 0.0643  0.0205 0.0267
#> 5 model1 irf         ttr      ttr         4 0.0148 0.0217 0.101   0.0186 0.0260
#> 6 model1 irf         ttr      ttr         5 0.0100 0.0202 0.147   0.0168 0.0251

ggplot2::autoplot() produces a faceted fan chart — one panel per variable-shock pair, with shaded credible bands:

ggplot2::autoplot(irf_tbl)

The gs shock column shows how a one-standard-deviation increase in government spending affects ttr, gs, and gdp over 20 quarters.

Cumulative dynamic multipliers

Cumulative dynamic multipliers (CDMs) integrate the impulse responses over the horizon, making them the natural quantity for fiscal multiplier analysis.

cdm_obj <- cdm(post, horizon = 20)
summary(cdm_obj)
#> # A tibble: 189 × 10
#>    model  object_type variable shock horizon   mean median      sd  lower  upper
#>    <chr>  <chr>       <chr>    <chr>   <dbl>  <dbl>  <dbl>   <dbl>  <dbl>  <dbl>
#>  1 model1 cdm         ttr      ttr         0 0.0291 0.0286 0.00666 0.0265 0.0308
#>  2 model1 cdm         ttr      ttr         1 0.0551 0.0553 0.00581 0.0514 0.0595
#>  3 model1 cdm         ttr      ttr         2 0.0778 0.0804 0.0404  0.0746 0.0872
#>  4 model1 cdm         ttr      ttr         3 0.0967 0.104  0.105   0.0957 0.113 
#>  5 model1 cdm         ttr      ttr         4 0.111  0.125  0.206   0.115  0.138 
#>  6 model1 cdm         ttr      ttr         5 0.121  0.145  0.352   0.132  0.163 
#>  7 model1 cdm         ttr      ttr         6 0.126  0.165  0.555   0.146  0.187 
#>  8 model1 cdm         ttr      ttr         7 0.124  0.183  0.828   0.160  0.211 
#>  9 model1 cdm         ttr      ttr         8 0.115  0.199  1.19    0.173  0.235 
#> 10 model1 cdm         ttr      ttr         9 0.0960 0.213  1.65    0.184  0.257 
#> # ℹ 179 more rows

The pre-rendered figure below, generated from the same posterior at a longer horizon, gives a cleaner view of the multiplier path:

The gdp row of the CDM table answers the fiscal-multiplier question directly: by horizon 20, how much has cumulative GDP responded to the gs spending shock?

Comparing model specifications

Different lag orders can shift the estimated multiplier meaningfully. The comparison helpers place two posteriors side by side in a single tidy table.

cmp_irf <- compare_irf(baseline = post, alternative = post_alt, horizon = 20)
head(cmp_irf)
#> # A tibble: 6 × 10
#>   model   object_type variable shock horizon   mean median      sd  lower  upper
#>   <chr>   <chr>       <chr>    <chr>   <dbl>  <dbl>  <dbl>   <dbl>  <dbl>  <dbl>
#> 1 baseli… irf         ttr      ttr         0 0.0291 0.0286 0.00666 0.0265 0.0308
#> 2 baseli… irf         ttr      ttr         1 0.0260 0.0268 0.0119  0.0248 0.0291
#> 3 baseli… irf         ttr      ttr         2 0.0226 0.0249 0.0350  0.0228 0.0277
#> 4 baseli… irf         ttr      ttr         3 0.0189 0.0233 0.0643  0.0205 0.0267
#> 5 baseli… irf         ttr      ttr         4 0.0148 0.0217 0.101   0.0186 0.0260
#> 6 baseli… irf         ttr      ttr         5 0.0100 0.0202 0.147   0.0168 0.0251

The named arguments baseline and alternative become the model column labels in the output. ggplot2::autoplot() overlays both posterior bands:

CDMs can be compared the same way:

cmp_cdm <- compare_cdm(baseline = post, alternative = post_alt, horizon = 20)
head(cmp_cdm)
#> # A tibble: 6 × 10
#>   model   object_type variable shock horizon   mean median      sd  lower  upper
#>   <chr>   <chr>       <chr>    <chr>   <dbl>  <dbl>  <dbl>   <dbl>  <dbl>  <dbl>
#> 1 baseli… cdm         ttr      ttr         0 0.0291 0.0286 0.00666 0.0265 0.0308
#> 2 baseli… cdm         ttr      ttr         1 0.0551 0.0553 0.00581 0.0514 0.0595
#> 3 baseli… cdm         ttr      ttr         2 0.0778 0.0804 0.0404  0.0746 0.0872
#> 4 baseli… cdm         ttr      ttr         3 0.0967 0.104  0.105   0.0957 0.113 
#> 5 baseli… cdm         ttr      ttr         4 0.111  0.125  0.206   0.115  0.138 
#> 6 baseli… cdm         ttr      ttr         5 0.121  0.145  0.352   0.132  0.163

The p = 3 alternative typically shows a slower decay in the gdp multiplier, reflecting richer lag dynamics.

Forecast error variance decomposition

FEVD measures which structural shocks account for most of the forecast error variance in each variable. For fiscal analysis, the key question is: what share of gdp volatility is explained by the gs shock?

fevd_tbl <- tidy_fevd(post, horizon = 20)
head(fevd_tbl)
#> # A tibble: 6 × 10
#>   model  object_type variable shock horizon  mean median    sd lower upper
#>   <chr>  <chr>       <chr>    <chr>   <dbl> <dbl>  <dbl> <dbl> <dbl> <dbl>
#> 1 model1 fevd        ttr      ttr         0 100    100    0    100   100  
#> 2 model1 fevd        ttr      ttr         1  99.3   99.5  2.05  98.8  99.9
#> 3 model1 fevd        ttr      ttr         2  98.1   98.4  2.01  96.1  99.7
#> 4 model1 fevd        ttr      ttr         3  96.2   96.7  2.83  92.1  99.4
#> 5 model1 fevd        ttr      ttr         4  93.6   94.4  4.81  86.9  98.9
#> 6 model1 fevd        ttr      ttr         5  90.5   91.6  7.02  80.9  98.3

The share column sums to 100 within each variable-horizon cell (FEVD values are on a 0-100 percentage scale).

Plot styling

bsvarPost ships three layered styling helpers. They all accept any tidy output object and apply theme and color presets.

# Apply a publication theme to an existing autoplot
style_bsvar_plot(
  ggplot2::autoplot(irf_tbl),
  preset  = "paper",
  palette = c("#1b9e77", "#d95f02")
)

# Apply a family-aware template (adds axis labels, titles, etc.)
template_bsvar_plot(
  ggplot2::autoplot(irf_tbl),
  family = "irf",
  preset = "paper"
)

# One-shot publication-ready export
publish_bsvar_plot(irf_tbl, preset = "paper")

A pre-rendered representative-response showcase:

Historical decomposition plots

Historical decomposition is split into two complementary workflows:

hd_tbl <- tidy_hd(post)
plot_hd_overlay(post, variables = "gdp", top_n = 3)
plot_hd_stacked(post, variables = "gdp", top_n = 3)
plot_hd_total(post, variables = "gdp", shocks = c("gs", "ttr"))
plot_hd_lines(post, variables = "gdp", top_n = 3)

hd_times <- unique(as.character(tidy_hd(post, draws = TRUE)$time))
plot_hd_event(post, start = hd_times[1], end = hd_times[2])
plot_hd_event_share(post, start = hd_times[1], end = hd_times[2], top_n = 3)
plot_hd_event_cumulative(post, start = hd_times[1], end = hd_times[2], top_n = 3)
plot_hd_event_distribution(post, start = hd_times[1], end = hd_times[2], top_n = 3)
shock_ranking(post, start = hd_times[1], end = hd_times[2], ranking = "absolute")

Use plot_hd_overlay() first to compare the main contribution paths within one variable over time:

Then use plot_hd_stacked() for the composition view. It stacks the structural shock contributions over time, with include_baseline = TRUE available when you want the explicit non-shock reconstruction term as well.

plot_hd_total() then checks the same decomposition against the observed path, while plot_hd_lines() provides the detailed component-by-component inspection view when the combined plots are too compressed.

Once the full-sample plots have identified a period worth summarizing, move to the event-window helpers. tidy_hd_event(), plot_hd_event(), plot_hd_event_share(), plot_hd_event_cumulative(), plot_hd_event_distribution(), and shock_ranking() summarize and rank the same HD information over a selected window.

Reporting helpers

Most bsvarPost outputs are tidy data frames and render directly to any table format. The preset = "compact" argument selects a narrower publication column set.

as_kable(summary(cdm_obj), preset = "compact", digits = 3)
Model Variable Shock Horizon Mean Median Lower Upper
model1 ttr ttr 0 0.029 0.029 0.027 0.031
model1 ttr ttr 1 0.055 0.055 0.051 0.060
model1 ttr ttr 2 0.078 0.080 0.075 0.087
model1 ttr ttr 3 0.097 0.104 0.096 0.113
model1 ttr ttr 4 0.111 0.125 0.115 0.138
model1 ttr ttr 5 0.121 0.145 0.132 0.163
model1 ttr ttr 6 0.126 0.165 0.146 0.187
model1 ttr ttr 7 0.124 0.183 0.160 0.211
model1 ttr ttr 8 0.115 0.199 0.173 0.235
model1 ttr ttr 9 0.096 0.213 0.184 0.257
model1 ttr ttr 10 0.066 0.228 0.193 0.278
model1 ttr ttr 11 0.022 0.240 0.203 0.299
model1 ttr ttr 12 -0.039 0.253 0.211 0.318
model1 ttr ttr 13 -0.122 0.264 0.219 0.337
model1 ttr ttr 14 -0.235 0.276 0.225 0.355
model1 ttr ttr 15 -0.387 0.286 0.230 0.372
model1 ttr ttr 16 -0.594 0.295 0.234 0.388
model1 ttr ttr 17 -0.876 0.304 0.236 0.404
model1 ttr ttr 18 -1.271 0.312 0.238 0.421
model1 ttr ttr 19 -1.833 0.320 0.239 0.434
model1 ttr ttr 20 -2.649 0.326 0.240 0.449
model1 ttr gs 0 0.000 0.000 0.000 0.000
model1 ttr gs 1 0.000 0.000 -0.001 0.000
model1 ttr gs 2 0.001 0.000 -0.002 0.001
model1 ttr gs 3 0.002 0.000 -0.003 0.003
model1 ttr gs 4 0.004 -0.001 -0.005 0.004
model1 ttr gs 5 0.007 -0.001 -0.007 0.006
model1 ttr gs 6 0.011 -0.001 -0.010 0.008
model1 ttr gs 7 0.016 -0.002 -0.013 0.010
model1 ttr gs 8 0.023 -0.003 -0.016 0.012
model1 ttr gs 9 0.031 -0.003 -0.020 0.014
model1 ttr gs 10 0.041 -0.004 -0.023 0.016
model1 ttr gs 11 0.054 -0.005 -0.028 0.018
model1 ttr gs 12 0.069 -0.006 -0.032 0.020
model1 ttr gs 13 0.087 -0.007 -0.037 0.023
model1 ttr gs 14 0.106 -0.008 -0.041 0.026
model1 ttr gs 15 0.124 -0.009 -0.046 0.029
model1 ttr gs 16 0.139 -0.010 -0.051 0.031
model1 ttr gs 17 0.145 -0.011 -0.056 0.033
model1 ttr gs 18 0.130 -0.013 -0.061 0.035
model1 ttr gs 19 0.073 -0.014 -0.066 0.037
model1 ttr gs 20 -0.058 -0.016 -0.071 0.039
model1 ttr gdp 0 0.000 0.000 0.000 0.000
model1 ttr gdp 1 0.000 0.001 0.000 0.001
model1 ttr gdp 2 -0.002 0.003 0.001 0.004
model1 ttr gdp 3 -0.004 0.005 0.002 0.008
model1 ttr gdp 4 -0.008 0.009 0.004 0.014
model1 ttr gdp 5 -0.015 0.013 0.006 0.020
model1 ttr gdp 6 -0.024 0.018 0.008 0.027
model1 ttr gdp 7 -0.037 0.024 0.011 0.036
model1 ttr gdp 8 -0.054 0.030 0.014 0.045
model1 ttr gdp 9 -0.075 0.036 0.017 0.054
model1 ttr gdp 10 -0.101 0.044 0.021 0.065
model1 ttr gdp 11 -0.131 0.052 0.025 0.076
model1 ttr gdp 12 -0.162 0.060 0.029 0.087
model1 ttr gdp 13 -0.190 0.069 0.034 0.100
model1 ttr gdp 14 -0.206 0.078 0.039 0.113
model1 ttr gdp 15 -0.191 0.088 0.044 0.126
model1 ttr gdp 16 -0.116 0.098 0.050 0.140
model1 ttr gdp 17 0.074 0.108 0.056 0.153
model1 ttr gdp 18 0.472 0.119 0.062 0.167
model1 ttr gdp 19 1.237 0.130 0.069 0.182
model1 ttr gdp 20 2.640 0.142 0.076 0.196
model1 gs ttr 0 0.000 0.000 -0.002 0.003
model1 gs ttr 1 -0.002 -0.001 -0.005 0.005
model1 gs ttr 2 -0.007 -0.002 -0.009 0.006
model1 gs ttr 3 -0.015 -0.004 -0.014 0.007
model1 gs ttr 4 -0.026 -0.006 -0.019 0.008
model1 gs ttr 5 -0.041 -0.008 -0.026 0.010
model1 gs ttr 6 -0.061 -0.011 -0.032 0.010
model1 gs ttr 7 -0.087 -0.014 -0.038 0.011
model1 gs ttr 8 -0.119 -0.018 -0.046 0.012
model1 gs ttr 9 -0.160 -0.021 -0.054 0.012
model1 gs ttr 10 -0.211 -0.025 -0.063 0.013
model1 gs ttr 11 -0.274 -0.030 -0.072 0.013
model1 gs ttr 12 -0.352 -0.034 -0.082 0.014
model1 gs ttr 13 -0.446 -0.038 -0.092 0.015
model1 gs ttr 14 -0.560 -0.043 -0.103 0.015
model1 gs ttr 15 -0.696 -0.047 -0.113 0.016
model1 gs ttr 16 -0.859 -0.052 -0.124 0.017
model1 gs ttr 17 -1.051 -0.057 -0.134 0.019
model1 gs ttr 18 -1.272 -0.062 -0.143 0.019
model1 gs ttr 19 -1.523 -0.066 -0.152 0.019
model1 gs ttr 20 -1.796 -0.070 -0.163 0.019
model1 gs gs 0 0.026 0.025 0.024 0.027
model1 gs gs 1 0.051 0.050 0.046 0.054
model1 gs gs 2 0.075 0.073 0.068 0.079
model1 gs gs 3 0.099 0.095 0.088 0.102
model1 gs gs 4 0.123 0.116 0.107 0.125
model1 gs gs 5 0.147 0.136 0.126 0.147
model1 gs gs 6 0.171 0.155 0.143 0.168
model1 gs gs 7 0.196 0.173 0.159 0.190
model1 gs gs 8 0.223 0.190 0.173 0.209
model1 gs gs 9 0.251 0.207 0.188 0.229
model1 gs gs 10 0.281 0.223 0.201 0.248
model1 gs gs 11 0.315 0.237 0.214 0.267
model1 gs gs 12 0.352 0.251 0.226 0.285
model1 gs gs 13 0.395 0.264 0.238 0.302
model1 gs gs 14 0.445 0.276 0.249 0.318
model1 gs gs 15 0.503 0.288 0.259 0.335
model1 gs gs 16 0.573 0.300 0.267 0.351
model1 gs gs 17 0.658 0.311 0.276 0.366
model1 gs gs 18 0.763 0.321 0.284 0.381
model1 gs gs 19 0.897 0.332 0.291 0.396
model1 gs gs 20 1.071 0.341 0.297 0.410
model1 gs gdp 0 0.000 0.000 0.000 0.000
model1 gs gdp 1 -0.002 0.000 0.000 0.001
model1 gs gdp 2 -0.005 0.001 0.000 0.002
model1 gs gdp 3 -0.011 0.002 0.000 0.004
model1 gs gdp 4 -0.020 0.004 -0.001 0.007
model1 gs gdp 5 -0.032 0.005 -0.001 0.010
model1 gs gdp 6 -0.049 0.007 -0.001 0.014
model1 gs gdp 7 -0.071 0.009 -0.001 0.018
model1 gs gdp 8 -0.100 0.011 -0.002 0.023
model1 gs gdp 9 -0.138 0.014 -0.002 0.028
model1 gs gdp 10 -0.187 0.017 -0.003 0.033
model1 gs gdp 11 -0.250 0.019 -0.003 0.038
model1 gs gdp 12 -0.330 0.022 -0.003 0.044
model1 gs gdp 13 -0.432 0.025 -0.004 0.050
model1 gs gdp 14 -0.562 0.028 -0.005 0.056
model1 gs gdp 15 -0.731 0.031 -0.005 0.062
model1 gs gdp 16 -0.951 0.034 -0.006 0.068
model1 gs gdp 17 -1.242 0.038 -0.006 0.074
model1 gs gdp 18 -1.635 0.041 -0.007 0.081
model1 gs gdp 19 -2.175 0.044 -0.007 0.088
model1 gs gdp 20 -2.936 0.047 -0.008 0.095
model1 gdp ttr 0 0.006 0.004 0.003 0.005
model1 gdp ttr 1 0.012 0.008 0.006 0.010
model1 gdp ttr 2 0.016 0.011 0.008 0.014
model1 gdp ttr 3 0.019 0.015 0.009 0.019
model1 gdp ttr 4 0.021 0.017 0.010 0.023
model1 gdp ttr 5 0.020 0.020 0.011 0.027
model1 gdp ttr 6 0.017 0.022 0.012 0.031
model1 gdp ttr 7 0.011 0.024 0.012 0.035
model1 gdp ttr 8 0.000 0.025 0.011 0.039
model1 gdp ttr 9 -0.018 0.027 0.011 0.042
model1 gdp ttr 10 -0.046 0.028 0.010 0.046
model1 gdp ttr 11 -0.089 0.029 0.009 0.050
model1 gdp ttr 12 -0.156 0.030 0.008 0.054
model1 gdp ttr 13 -0.259 0.031 0.006 0.057
model1 gdp ttr 14 -0.422 0.031 0.002 0.061
model1 gdp ttr 15 -0.679 0.032 -0.001 0.065
model1 gdp ttr 16 -1.091 0.032 -0.004 0.068
model1 gdp ttr 17 -1.756 0.033 -0.007 0.072
model1 gdp ttr 18 -2.839 0.033 -0.013 0.075
model1 gdp ttr 19 -4.612 0.034 -0.018 0.079
model1 gdp ttr 20 -7.531 0.034 -0.022 0.083
model1 gdp gs 0 0.000 0.000 -0.001 0.001
model1 gdp gs 1 -0.001 0.000 -0.002 0.002
model1 gdp gs 2 -0.002 -0.001 -0.004 0.002
model1 gdp gs 3 -0.003 -0.001 -0.006 0.003
model1 gdp gs 4 -0.003 -0.002 -0.008 0.003
model1 gdp gs 5 -0.004 -0.003 -0.010 0.004
model1 gdp gs 6 -0.005 -0.004 -0.012 0.004
model1 gdp gs 7 -0.007 -0.005 -0.014 0.005
model1 gdp gs 8 -0.008 -0.006 -0.017 0.005
model1 gdp gs 9 -0.011 -0.007 -0.020 0.005
model1 gdp gs 10 -0.017 -0.009 -0.023 0.005
model1 gdp gs 11 -0.026 -0.010 -0.027 0.005
model1 gdp gs 12 -0.043 -0.012 -0.031 0.005
model1 gdp gs 13 -0.073 -0.014 -0.035 0.006
model1 gdp gs 14 -0.125 -0.016 -0.040 0.006
model1 gdp gs 15 -0.215 -0.017 -0.044 0.006
model1 gdp gs 16 -0.370 -0.019 -0.050 0.006
model1 gdp gs 17 -0.636 -0.021 -0.054 0.006
model1 gdp gs 18 -1.089 -0.024 -0.059 0.006
model1 gdp gs 19 -1.855 -0.026 -0.064 0.006
model1 gdp gs 20 -3.150 -0.028 -0.070 0.006
model1 gdp gdp 0 0.013 0.010 0.010 0.011
model1 gdp gdp 1 0.025 0.021 0.019 0.022
model1 gdp gdp 2 0.037 0.032 0.029 0.034
model1 gdp gdp 3 0.049 0.042 0.040 0.046
model1 gdp gdp 4 0.062 0.054 0.050 0.058
model1 gdp gdp 5 0.075 0.065 0.060 0.070
model1 gdp gdp 6 0.090 0.076 0.069 0.082
model1 gdp gdp 7 0.109 0.087 0.080 0.095
model1 gdp gdp 8 0.133 0.099 0.089 0.108
model1 gdp gdp 9 0.169 0.111 0.099 0.121
model1 gdp gdp 10 0.225 0.122 0.109 0.135
model1 gdp gdp 11 0.317 0.134 0.118 0.148
model1 gdp gdp 12 0.468 0.146 0.128 0.162
model1 gdp gdp 13 0.724 0.158 0.138 0.176
model1 gdp gdp 14 1.155 0.170 0.149 0.190
model1 gdp gdp 15 1.884 0.182 0.158 0.204
model1 gdp gdp 16 3.115 0.195 0.168 0.218
model1 gdp gdp 17 5.191 0.207 0.178 0.233
model1 gdp gdp 18 8.686 0.220 0.188 0.247
model1 gdp gdp 19 14.563 0.232 0.197 0.262
model1 gdp gdp 20 24.433 0.244 0.207 0.276
write_bsvar_csv(cmp_irf, tempfile(fileext = ".csv"), preset = "compact")
as_gt(cmp_irf, caption = "Impulse-response comparison", digits = 3,
      preset = "compact")
Impulse-response comparison
Model Variable Shock Horizon Mean Median Lower Upper
baseline ttr ttr 0 0.029 0.029 0.027 0.031
baseline ttr ttr 1 0.026 0.027 0.025 0.029
baseline ttr ttr 2 0.023 0.025 0.023 0.028
baseline ttr ttr 3 0.019 0.023 0.020 0.027
baseline ttr ttr 4 0.015 0.022 0.019 0.026
baseline ttr ttr 5 0.010 0.020 0.017 0.025
baseline ttr ttr 6 0.005 0.019 0.015 0.024
baseline ttr ttr 7 -0.002 0.018 0.014 0.023
baseline ttr ttr 8 -0.009 0.016 0.012 0.023
baseline ttr ttr 9 -0.019 0.015 0.011 0.022
baseline ttr ttr 10 -0.030 0.014 0.009 0.021
baseline ttr ttr 11 -0.044 0.013 0.008 0.020
baseline ttr ttr 12 -0.061 0.013 0.007 0.020
baseline ttr ttr 13 -0.084 0.012 0.006 0.019
baseline ttr ttr 14 -0.113 0.011 0.005 0.018
baseline ttr ttr 15 -0.152 0.010 0.004 0.018
baseline ttr ttr 16 -0.206 0.009 0.004 0.017
baseline ttr ttr 17 -0.283 0.009 0.003 0.016
baseline ttr ttr 18 -0.395 0.008 0.003 0.015
baseline ttr ttr 19 -0.561 0.007 0.002 0.015
baseline ttr ttr 20 -0.817 0.007 0.002 0.014
baseline ttr gs 0 0.000 0.000 0.000 0.000
baseline ttr gs 1 0.000 0.000 -0.001 0.000
baseline ttr gs 2 0.001 0.000 -0.001 0.001
baseline ttr gs 3 0.001 0.000 -0.001 0.001
baseline ttr gs 4 0.002 0.000 -0.002 0.001
baseline ttr gs 5 0.003 0.000 -0.002 0.002
baseline ttr gs 6 0.004 0.000 -0.003 0.002
baseline ttr gs 7 0.005 -0.001 -0.003 0.002
baseline ttr gs 8 0.007 -0.001 -0.003 0.002
baseline ttr gs 9 0.008 -0.001 -0.004 0.002
baseline ttr gs 10 0.010 -0.001 -0.004 0.002
baseline ttr gs 11 0.013 -0.001 -0.004 0.002
baseline ttr gs 12 0.015 -0.001 -0.004 0.002
baseline ttr gs 13 0.017 -0.001 -0.004 0.002
baseline ttr gs 14 0.019 -0.001 -0.005 0.002
baseline ttr gs 15 0.019 -0.001 -0.005 0.002
baseline ttr gs 16 0.015 -0.001 -0.005 0.002
baseline ttr gs 17 0.006 -0.001 -0.005 0.002
baseline ttr gs 18 -0.015 -0.001 -0.005 0.002
baseline ttr gs 19 -0.056 -0.002 -0.005 0.002
baseline ttr gs 20 -0.131 -0.002 -0.006 0.002
baseline ttr gdp 0 0.000 0.000 0.000 0.000
baseline ttr gdp 1 0.000 0.001 0.000 0.001
baseline ttr gdp 2 -0.001 0.002 0.001 0.003
baseline ttr gdp 3 -0.002 0.003 0.001 0.004
baseline ttr gdp 4 -0.004 0.003 0.002 0.005
baseline ttr gdp 5 -0.006 0.004 0.002 0.006
baseline ttr gdp 6 -0.009 0.005 0.002 0.007
baseline ttr gdp 7 -0.013 0.006 0.003 0.008
baseline ttr gdp 8 -0.017 0.006 0.003 0.009
baseline ttr gdp 9 -0.021 0.007 0.003 0.010
baseline ttr gdp 10 -0.026 0.007 0.004 0.010
baseline ttr gdp 11 -0.030 0.008 0.004 0.011
baseline ttr gdp 12 -0.031 0.008 0.004 0.012
baseline ttr gdp 13 -0.028 0.009 0.005 0.012
baseline ttr gdp 14 -0.015 0.009 0.005 0.013
baseline ttr gdp 15 0.014 0.010 0.005 0.013
baseline ttr gdp 16 0.075 0.010 0.006 0.013
baseline ttr gdp 17 0.190 0.010 0.006 0.014
baseline ttr gdp 18 0.398 0.011 0.006 0.014
baseline ttr gdp 19 0.765 0.011 0.007 0.014
baseline ttr gdp 20 1.403 0.011 0.007 0.014
baseline gs ttr 0 0.000 0.000 -0.002 0.003
baseline gs ttr 1 -0.002 -0.001 -0.003 0.002
baseline gs ttr 2 -0.005 -0.001 -0.004 0.002
baseline gs ttr 3 -0.008 -0.002 -0.005 0.001
baseline gs ttr 4 -0.011 -0.002 -0.005 0.001
baseline gs ttr 5 -0.015 -0.003 -0.006 0.001
baseline gs ttr 6 -0.020 -0.003 -0.007 0.001
baseline gs ttr 7 -0.026 -0.003 -0.008 0.001
baseline gs ttr 8 -0.033 -0.004 -0.008 0.001
baseline gs ttr 9 -0.041 -0.004 -0.009 0.001
baseline gs ttr 10 -0.051 -0.004 -0.009 0.001
baseline gs ttr 11 -0.063 -0.004 -0.009 0.001
baseline gs ttr 12 -0.077 -0.004 -0.010 0.001
baseline gs ttr 13 -0.094 -0.004 -0.010 0.001
baseline gs ttr 14 -0.114 -0.004 -0.010 0.001
baseline gs ttr 15 -0.137 -0.004 -0.010 0.001
baseline gs ttr 16 -0.163 -0.005 -0.010 0.001
baseline gs ttr 17 -0.192 -0.005 -0.011 0.001
baseline gs ttr 18 -0.222 -0.005 -0.011 0.001
baseline gs ttr 19 -0.251 -0.005 -0.011 0.001
baseline gs ttr 20 -0.273 -0.005 -0.011 0.001
baseline gs gs 0 0.026 0.025 0.024 0.027
baseline gs gs 1 0.025 0.024 0.023 0.026
baseline gs gs 2 0.024 0.023 0.021 0.025
baseline gs gs 3 0.024 0.022 0.020 0.024
baseline gs gs 4 0.024 0.021 0.019 0.023
baseline gs gs 5 0.024 0.020 0.018 0.022
baseline gs gs 6 0.024 0.019 0.017 0.022
baseline gs gs 7 0.025 0.018 0.016 0.021
baseline gs gs 8 0.026 0.017 0.015 0.020
baseline gs gs 9 0.028 0.016 0.014 0.020
baseline gs gs 10 0.030 0.016 0.013 0.019
baseline gs gs 11 0.034 0.015 0.012 0.019
baseline gs gs 12 0.038 0.014 0.011 0.018
baseline gs gs 13 0.043 0.014 0.011 0.018
baseline gs gs 14 0.050 0.013 0.010 0.017
baseline gs gs 15 0.058 0.012 0.009 0.017
baseline gs gs 16 0.070 0.012 0.009 0.016
baseline gs gs 17 0.085 0.011 0.008 0.016
baseline gs gs 18 0.105 0.011 0.008 0.015
baseline gs gs 19 0.134 0.010 0.007 0.015
baseline gs gs 20 0.174 0.009 0.006 0.014
baseline gs gdp 0 0.000 0.000 0.000 0.000
baseline gs gdp 1 -0.002 0.000 0.000 0.001
baseline gs gdp 2 -0.004 0.001 0.000 0.002
baseline gs gdp 3 -0.006 0.001 0.000 0.002
baseline gs gdp 4 -0.009 0.001 0.000 0.003
baseline gs gdp 5 -0.012 0.002 0.000 0.003
baseline gs gdp 6 -0.017 0.002 0.000 0.004
baseline gs gdp 7 -0.022 0.002 0.000 0.004
baseline gs gdp 8 -0.029 0.002 0.000 0.005
baseline gs gdp 9 -0.038 0.002 0.000 0.005
baseline gs gdp 10 -0.049 0.003 0.000 0.005
baseline gs gdp 11 -0.063 0.003 0.000 0.005
baseline gs gdp 12 -0.080 0.003 0.000 0.006
baseline gs gdp 13 -0.102 0.003 0.000 0.006
baseline gs gdp 14 -0.131 0.003 0.000 0.006
baseline gs gdp 15 -0.169 0.003 0.000 0.006
baseline gs gdp 16 -0.220 0.003 0.000 0.006
baseline gs gdp 17 -0.291 0.003 0.000 0.007
baseline gs gdp 18 -0.392 0.003 0.000 0.007
baseline gs gdp 19 -0.540 0.003 0.000 0.007
baseline gs gdp 20 -0.762 0.003 0.000 0.007
baseline gdp ttr 0 0.006 0.004 0.003 0.005
baseline gdp ttr 1 0.005 0.004 0.003 0.005
baseline gdp ttr 2 0.004 0.003 0.002 0.005
baseline gdp ttr 3 0.003 0.003 0.002 0.004
baseline gdp ttr 4 0.002 0.003 0.001 0.004
baseline gdp ttr 5 0.000 0.002 0.001 0.004
baseline gdp ttr 6 -0.003 0.002 0.000 0.004
baseline gdp ttr 7 -0.006 0.002 0.000 0.004
baseline gdp ttr 8 -0.011 0.002 -0.001 0.004
baseline gdp ttr 9 -0.018 0.001 -0.001 0.004
baseline gdp ttr 10 -0.028 0.001 -0.001 0.004
baseline gdp ttr 11 -0.043 0.001 -0.002 0.004
baseline gdp ttr 12 -0.067 0.001 -0.002 0.004
baseline gdp ttr 13 -0.104 0.001 -0.002 0.004
baseline gdp ttr 14 -0.163 0.001 -0.003 0.004
baseline gdp ttr 15 -0.257 0.000 -0.003 0.004
baseline gdp ttr 16 -0.412 0.000 -0.004 0.004
baseline gdp ttr 17 -0.665 0.000 -0.004 0.004
baseline gdp ttr 18 -1.083 0.000 -0.004 0.004
baseline gdp ttr 19 -1.773 0.000 -0.004 0.004
baseline gdp ttr 20 -2.919 0.000 -0.005 0.004
baseline gdp gs 0 0.000 0.000 -0.001 0.001
baseline gdp gs 1 -0.001 0.000 -0.001 0.001
baseline gdp gs 2 -0.001 0.000 -0.002 0.001
baseline gdp gs 3 -0.001 -0.001 -0.002 0.001
baseline gdp gs 4 -0.001 -0.001 -0.002 0.001
baseline gdp gs 5 -0.001 -0.001 -0.002 0.000
baseline gdp gs 6 -0.001 -0.001 -0.002 0.000
baseline gdp gs 7 -0.001 -0.001 -0.003 0.000
baseline gdp gs 8 -0.002 -0.001 -0.003 0.000
baseline gdp gs 9 -0.003 -0.001 -0.003 0.000
baseline gdp gs 10 -0.005 -0.001 -0.003 0.000
baseline gdp gs 11 -0.009 -0.001 -0.004 0.000
baseline gdp gs 12 -0.017 -0.002 -0.004 0.000
baseline gdp gs 13 -0.030 -0.002 -0.004 0.000
baseline gdp gs 14 -0.052 -0.002 -0.004 0.000
baseline gdp gs 15 -0.090 -0.002 -0.005 0.000
baseline gdp gs 16 -0.155 -0.002 -0.005 0.000
baseline gdp gs 17 -0.266 -0.002 -0.005 0.000
baseline gdp gs 18 -0.453 -0.002 -0.005 0.000
baseline gdp gs 19 -0.767 -0.002 -0.005 0.000
baseline gdp gs 20 -1.295 -0.002 -0.006 0.000
baseline gdp gdp 0 0.013 0.010 0.010 0.011
baseline gdp gdp 1 0.012 0.011 0.010 0.011
baseline gdp gdp 2 0.012 0.011 0.010 0.012
baseline gdp gdp 3 0.012 0.011 0.010 0.012
baseline gdp gdp 4 0.013 0.011 0.010 0.012
baseline gdp gdp 5 0.013 0.011 0.010 0.012
baseline gdp gdp 6 0.015 0.011 0.010 0.013
baseline gdp gdp 7 0.018 0.011 0.010 0.013
baseline gdp gdp 8 0.025 0.012 0.010 0.013
baseline gdp gdp 9 0.036 0.012 0.010 0.013
baseline gdp gdp 10 0.056 0.012 0.010 0.013
baseline gdp gdp 11 0.091 0.012 0.010 0.014
baseline gdp gdp 12 0.152 0.012 0.010 0.014
baseline gdp gdp 13 0.255 0.012 0.010 0.014
baseline gdp gdp 14 0.431 0.012 0.010 0.014
baseline gdp gdp 15 0.729 0.012 0.010 0.014
baseline gdp gdp 16 1.231 0.012 0.010 0.015
baseline gdp gdp 17 2.076 0.012 0.010 0.015
baseline gdp gdp 18 3.495 0.012 0.010 0.015
baseline gdp gdp 19 5.877 0.012 0.010 0.015
baseline gdp gdp 20 9.870 0.012 0.010 0.015
alternative ttr ttr 0 0.027 0.027 0.025 0.029
alternative ttr ttr 1 0.027 0.026 0.023 0.029
alternative ttr ttr 2 0.030 0.029 0.026 0.033
alternative ttr ttr 3 0.029 0.027 0.023 0.031
alternative ttr ttr 4 0.030 0.025 0.021 0.030
alternative ttr ttr 5 0.037 0.023 0.019 0.029
alternative ttr ttr 6 0.057 0.022 0.017 0.027
alternative ttr ttr 7 0.117 0.020 0.015 0.025
alternative ttr ttr 8 0.278 0.018 0.012 0.024
alternative ttr ttr 9 0.716 0.017 0.010 0.023
alternative ttr ttr 10 1.895 0.015 0.008 0.022
alternative ttr ttr 11 5.067 0.014 0.006 0.020
alternative ttr ttr 12 13.596 0.013 0.005 0.020
alternative ttr ttr 13 36.520 0.012 0.004 0.019
alternative ttr ttr 14 98.139 0.011 0.003 0.018
alternative ttr ttr 15 263.757 0.010 0.002 0.017
alternative ttr ttr 16 708.908 0.009 0.002 0.017
alternative ttr ttr 17 1905.385 0.009 0.001 0.016
alternative ttr ttr 18 5121.269 0.008 0.000 0.015
alternative ttr ttr 19 13764.908 0.007 0.000 0.015
alternative ttr ttr 20 36997.240 0.007 -0.001 0.014
alternative ttr gs 0 0.000 0.000 0.000 0.000
alternative ttr gs 1 -0.001 0.000 -0.002 0.002
alternative ttr gs 2 -0.002 -0.001 -0.005 0.002
alternative ttr gs 3 -0.005 -0.002 -0.006 0.002
alternative ttr gs 4 -0.010 -0.003 -0.008 0.002
alternative ttr gs 5 -0.022 -0.003 -0.009 0.002
alternative ttr gs 6 -0.055 -0.004 -0.010 0.002
alternative ttr gs 7 -0.142 -0.004 -0.010 0.001
alternative ttr gs 8 -0.375 -0.004 -0.011 0.001
alternative ttr gs 9 -1.002 -0.004 -0.011 0.001
alternative ttr gs 10 -2.686 -0.004 -0.011 0.001
alternative ttr gs 11 -7.213 -0.005 -0.011 0.001
alternative ttr gs 12 -19.380 -0.004 -0.011 0.001
alternative ttr gs 13 -52.082 -0.005 -0.011 0.001
alternative ttr gs 14 -139.978 -0.004 -0.011 0.001
alternative ttr gs 15 -376.224 -0.004 -0.012 0.001
alternative ttr gs 16 -1011.206 -0.005 -0.011 0.001
alternative ttr gs 17 -2717.908 -0.005 -0.011 0.001
alternative ttr gs 18 -7305.171 -0.004 -0.011 0.002
alternative ttr gs 19 -19634.796 -0.004 -0.011 0.002
alternative ttr gs 20 -52774.300 -0.004 -0.011 0.002
alternative ttr gdp 0 0.000 0.000 0.000 0.000
alternative ttr gdp 1 0.006 0.006 0.004 0.009
alternative ttr gdp 2 0.007 0.009 0.006 0.013
alternative ttr gdp 3 0.004 0.011 0.008 0.015
alternative ttr gdp 4 -0.006 0.012 0.008 0.016
alternative ttr gdp 5 -0.036 0.012 0.008 0.017
alternative ttr gdp 6 -0.117 0.012 0.009 0.017
alternative ttr gdp 7 -0.336 0.013 0.009 0.017
alternative ttr gdp 8 -0.926 0.013 0.009 0.017
alternative ttr gdp 9 -2.510 0.013 0.009 0.017
alternative ttr gdp 10 -6.768 0.013 0.009 0.017
alternative ttr gdp 11 -18.213 0.013 0.009 0.017
alternative ttr gdp 12 -48.974 0.013 0.009 0.017
alternative ttr gdp 13 -131.655 0.013 0.009 0.017
alternative ttr gdp 14 -353.884 0.013 0.010 0.017
alternative ttr gdp 15 -951.189 0.013 0.010 0.017
alternative ttr gdp 16 -2556.624 0.013 0.009 0.017
alternative ttr gdp 17 -6871.705 0.013 0.010 0.017
alternative ttr gdp 18 -18469.758 0.013 0.010 0.017
alternative ttr gdp 19 -49642.948 0.013 0.010 0.017
alternative ttr gdp 20 -133430.096 0.013 0.010 0.017
alternative gs ttr 0 0.000 0.000 -0.003 0.002
alternative gs ttr 1 0.002 0.002 -0.002 0.005
alternative gs ttr 2 0.004 0.003 -0.002 0.008
alternative gs ttr 3 0.004 0.004 -0.002 0.009
alternative gs ttr 4 0.005 0.004 -0.003 0.009
alternative gs ttr 5 0.005 0.003 -0.004 0.009
alternative gs ttr 6 0.008 0.002 -0.005 0.008
alternative gs ttr 7 0.017 0.001 -0.006 0.007
alternative gs ttr 8 0.044 0.000 -0.008 0.007
alternative gs ttr 9 0.118 -0.001 -0.009 0.006
alternative gs ttr 10 0.318 -0.002 -0.010 0.005
alternative gs ttr 11 0.858 -0.003 -0.011 0.004
alternative gs ttr 12 2.311 -0.004 -0.012 0.003
alternative gs ttr 13 6.219 -0.005 -0.013 0.003
alternative gs ttr 14 16.723 -0.005 -0.013 0.002
alternative gs ttr 15 44.955 -0.006 -0.013 0.002
alternative gs ttr 16 120.840 -0.006 -0.014 0.002
alternative gs ttr 17 324.802 -0.006 -0.014 0.001
alternative gs ttr 18 873.012 -0.006 -0.014 0.001
alternative gs ttr 19 2346.489 -0.006 -0.014 0.001
alternative gs ttr 20 6306.893 -0.006 -0.014 0.001
alternative gs gs 0 0.023 0.022 0.021 0.024
alternative gs gs 1 0.029 0.028 0.026 0.032
alternative gs gs 2 0.033 0.033 0.029 0.037
alternative gs gs 3 0.034 0.033 0.029 0.039
alternative gs gs 4 0.032 0.033 0.028 0.040
alternative gs gs 5 0.029 0.031 0.026 0.040
alternative gs gs 6 0.022 0.029 0.023 0.038
alternative gs gs 7 0.005 0.027 0.021 0.036
alternative gs gs 8 -0.037 0.024 0.018 0.034
alternative gs gs 9 -0.147 0.022 0.016 0.032
alternative gs gs 10 -0.436 0.020 0.014 0.029
alternative gs gs 11 -1.209 0.018 0.012 0.027
alternative gs gs 12 -3.285 0.016 0.011 0.025
alternative gs gs 13 -8.861 0.015 0.009 0.024
alternative gs gs 14 -23.847 0.013 0.008 0.023
alternative gs gs 15 -64.121 0.012 0.007 0.022
alternative gs gs 16 -172.367 0.011 0.006 0.020
alternative gs gs 17 -463.309 0.010 0.005 0.019
alternative gs gs 18 -1245.298 0.009 0.004 0.018
alternative gs gs 19 -3347.123 0.008 0.003 0.017
alternative gs gs 20 -8996.398 0.007 0.002 0.016
alternative gs gdp 0 0.000 0.000 0.000 0.000
alternative gs gdp 1 0.001 0.001 0.000 0.003
alternative gs gdp 2 0.004 0.004 0.001 0.007
alternative gs gdp 3 0.005 0.006 0.002 0.010
alternative gs gdp 4 0.004 0.007 0.003 0.012
alternative gs gdp 5 -0.001 0.008 0.003 0.013
alternative gs gdp 6 -0.014 0.008 0.004 0.013
alternative gs gdp 7 -0.051 0.008 0.004 0.013
alternative gs gdp 8 -0.152 0.008 0.004 0.013
alternative gs gdp 9 -0.422 0.008 0.004 0.012
alternative gs gdp 10 -1.148 0.007 0.003 0.012
alternative gs gdp 11 -3.099 0.007 0.004 0.012
alternative gs gdp 12 -8.344 0.007 0.004 0.011
alternative gs gdp 13 -22.438 0.007 0.003 0.011
alternative gs gdp 14 -60.322 0.006 0.003 0.010
alternative gs gdp 15 -162.145 0.006 0.003 0.010
alternative gs gdp 16 -435.822 0.006 0.003 0.010
alternative gs gdp 17 -1171.412 0.006 0.003 0.010
alternative gs gdp 18 -3148.526 0.005 0.003 0.010
alternative gs gdp 19 -8462.604 0.005 0.003 0.009
alternative gs gdp 20 -22745.755 0.005 0.003 0.009
alternative gdp ttr 0 0.004 0.004 0.003 0.005
alternative gdp ttr 1 0.004 0.004 0.003 0.005
alternative gdp ttr 2 0.004 0.004 0.003 0.006
alternative gdp ttr 3 0.002 0.004 0.002 0.006
alternative gdp ttr 4 -0.002 0.004 0.002 0.006
alternative gdp ttr 5 -0.013 0.003 0.001 0.006
alternative gdp ttr 6 -0.042 0.003 0.001 0.006
alternative gdp ttr 7 -0.119 0.003 0.000 0.005
alternative gdp ttr 8 -0.324 0.002 -0.001 0.005
alternative gdp ttr 9 -0.875 0.002 -0.001 0.005
alternative gdp ttr 10 -2.355 0.002 -0.002 0.005
alternative gdp ttr 11 -6.331 0.001 -0.002 0.005
alternative gdp ttr 12 -17.020 0.001 -0.003 0.005
alternative gdp ttr 13 -45.748 0.001 -0.003 0.005
alternative gdp ttr 14 -122.963 0.001 -0.004 0.005
alternative gdp ttr 15 -330.502 0.001 -0.004 0.005
alternative gdp ttr 16 -888.322 0.001 -0.005 0.005
alternative gdp ttr 17 -2387.628 0.000 -0.005 0.004
alternative gdp ttr 18 -6417.455 0.000 -0.005 0.004
alternative gdp ttr 19 -17248.804 0.000 -0.005 0.004
alternative gdp ttr 20 -46361.250 0.000 -0.006 0.004
alternative gdp gs 0 0.000 0.000 -0.001 0.001
alternative gdp gs 1 0.000 0.000 -0.002 0.001
alternative gdp gs 2 0.001 -0.001 -0.002 0.002
alternative gdp gs 3 0.003 -0.001 -0.003 0.002
alternative gdp gs 4 0.008 -0.001 -0.003 0.002
alternative gdp gs 5 0.023 -0.001 -0.003 0.002
alternative gdp gs 6 0.063 -0.001 -0.004 0.002
alternative gdp gs 7 0.172 -0.001 -0.004 0.002
alternative gdp gs 8 0.464 -0.002 -0.005 0.002
alternative gdp gs 9 1.249 -0.002 -0.005 0.002
alternative gdp gs 10 3.359 -0.002 -0.005 0.002
alternative gdp gs 11 9.032 -0.002 -0.005 0.002
alternative gdp gs 12 24.278 -0.002 -0.005 0.002
alternative gdp gs 13 65.256 -0.002 -0.006 0.002
alternative gdp gs 14 175.399 -0.002 -0.006 0.002
alternative gdp gs 15 471.439 -0.002 -0.006 0.002
alternative gdp gs 16 1267.135 -0.002 -0.006 0.002
alternative gdp gs 17 3405.804 -0.003 -0.006 0.003
alternative gdp gs 18 9154.105 -0.003 -0.006 0.003
alternative gdp gs 19 24604.363 -0.003 -0.006 0.003
alternative gdp gs 20 66131.490 -0.003 -0.006 0.003
alternative gdp gdp 0 0.011 0.010 0.010 0.011
alternative gdp gdp 1 0.013 0.011 0.010 0.013
alternative gdp gdp 2 0.015 0.012 0.010 0.014
alternative gdp gdp 3 0.021 0.012 0.011 0.014
alternative gdp gdp 4 0.035 0.012 0.011 0.015
alternative gdp gdp 5 0.073 0.012 0.011 0.015
alternative gdp gdp 6 0.176 0.012 0.011 0.015
alternative gdp gdp 7 0.450 0.012 0.011 0.015
alternative gdp gdp 8 1.189 0.012 0.011 0.015
alternative gdp gdp 9 3.174 0.012 0.011 0.015
alternative gdp gdp 10 8.510 0.012 0.010 0.015
alternative gdp gdp 11 22.851 0.012 0.010 0.015
alternative gdp gdp 12 61.399 0.012 0.010 0.015
alternative gdp gdp 13 165.006 0.012 0.010 0.015
alternative gdp gdp 14 443.481 0.012 0.010 0.015
alternative gdp gdp 15 1191.965 0.012 0.010 0.015
alternative gdp gdp 16 3203.737 0.012 0.010 0.015
alternative gdp gdp 17 8610.966 0.012 0.010 0.015
alternative gdp gdp 18 23144.491 0.012 0.010 0.015
alternative gdp gdp 19 62207.630 0.012 0.010 0.015
alternative gdp gdp 20 167201.341 0.012 0.010 0.015
as_flextable(cmp_irf, caption = "Impulse-response comparison", digits = 3,
             preset = "compact")
Impulse-response comparison

Model

Variable

Shock

Horizon

Mean

Median

Lower

Upper

baseline

ttr

ttr

0

0.029

0.029

0.027

0.031

baseline

ttr

ttr

1

0.026

0.027

0.025

0.029

baseline

ttr

ttr

2

0.023

0.025

0.023

0.028

baseline

ttr

ttr

3

0.019

0.023

0.020

0.027

baseline

ttr

ttr

4

0.015

0.022

0.019

0.026

baseline

ttr

ttr

5

0.010

0.020

0.017

0.025

baseline

ttr

ttr

6

0.005

0.019

0.015

0.024

baseline

ttr

ttr

7

-0.002

0.018

0.014

0.023

baseline

ttr

ttr

8

-0.009

0.016

0.012

0.023

baseline

ttr

ttr

9

-0.019

0.015

0.011

0.022

baseline

ttr

ttr

10

-0.030

0.014

0.009

0.021

baseline

ttr

ttr

11

-0.044

0.013

0.008

0.020

baseline

ttr

ttr

12

-0.061

0.013

0.007

0.020

baseline

ttr

ttr

13

-0.084

0.012

0.006

0.019

baseline

ttr

ttr

14

-0.113

0.011

0.005

0.018

baseline

ttr

ttr

15

-0.152

0.010

0.004

0.018

baseline

ttr

ttr

16

-0.206

0.009

0.004

0.017

baseline

ttr

ttr

17

-0.283

0.009

0.003

0.016

baseline

ttr

ttr

18

-0.395

0.008

0.003

0.015

baseline

ttr

ttr

19

-0.561

0.007

0.002

0.015

baseline

ttr

ttr

20

-0.817

0.007

0.002

0.014

baseline

ttr

gs

0

0.000

0.000

0.000

0.000

baseline

ttr

gs

1

0.000

0.000

-0.001

0.000

baseline

ttr

gs

2

0.001

0.000

-0.001

0.001

baseline

ttr

gs

3

0.001

0.000

-0.001

0.001

baseline

ttr

gs

4

0.002

0.000

-0.002

0.001

baseline

ttr

gs

5

0.003

0.000

-0.002

0.002

baseline

ttr

gs

6

0.004

0.000

-0.003

0.002

baseline

ttr

gs

7

0.005

-0.001

-0.003

0.002

baseline

ttr

gs

8

0.007

-0.001

-0.003

0.002

baseline

ttr

gs

9

0.008

-0.001

-0.004

0.002

baseline

ttr

gs

10

0.010

-0.001

-0.004

0.002

baseline

ttr

gs

11

0.013

-0.001

-0.004

0.002

baseline

ttr

gs

12

0.015

-0.001

-0.004

0.002

baseline

ttr

gs

13

0.017

-0.001

-0.004

0.002

baseline

ttr

gs

14

0.019

-0.001

-0.005

0.002

baseline

ttr

gs

15

0.019

-0.001

-0.005

0.002

baseline

ttr

gs

16

0.015

-0.001

-0.005

0.002

baseline

ttr

gs

17

0.006

-0.001

-0.005

0.002

baseline

ttr

gs

18

-0.015

-0.001

-0.005

0.002

baseline

ttr

gs

19

-0.056

-0.002

-0.005

0.002

baseline

ttr

gs

20

-0.131

-0.002

-0.006

0.002

baseline

ttr

gdp

0

0.000

0.000

0.000

0.000

baseline

ttr

gdp

1

0.000

0.001

0.000

0.001

baseline

ttr

gdp

2

-0.001

0.002

0.001

0.003

baseline

ttr

gdp

3

-0.002

0.003

0.001

0.004

baseline

ttr

gdp

4

-0.004

0.003

0.002

0.005

baseline

ttr

gdp

5

-0.006

0.004

0.002

0.006

baseline

ttr

gdp

6

-0.009

0.005

0.002

0.007

baseline

ttr

gdp

7

-0.013

0.006

0.003

0.008

baseline

ttr

gdp

8

-0.017

0.006

0.003

0.009

baseline

ttr

gdp

9

-0.021

0.007

0.003

0.010

baseline

ttr

gdp

10

-0.026

0.007

0.004

0.010

baseline

ttr

gdp

11

-0.030

0.008

0.004

0.011

baseline

ttr

gdp

12

-0.031

0.008

0.004

0.012

baseline

ttr

gdp

13

-0.028

0.009

0.005

0.012

baseline

ttr

gdp

14

-0.015

0.009

0.005

0.013

baseline

ttr

gdp

15

0.014

0.010

0.005

0.013

baseline

ttr

gdp

16

0.075

0.010

0.006

0.013

baseline

ttr

gdp

17

0.190

0.010

0.006

0.014

baseline

ttr

gdp

18

0.398

0.011

0.006

0.014

baseline

ttr

gdp

19

0.765

0.011

0.007

0.014

baseline

ttr

gdp

20

1.403

0.011

0.007

0.014

baseline

gs

ttr

0

0.000

0.000

-0.002

0.003

baseline

gs

ttr

1

-0.002

-0.001

-0.003

0.002

baseline

gs

ttr

2

-0.005

-0.001

-0.004

0.002

baseline

gs

ttr

3

-0.008

-0.002

-0.005

0.001

baseline

gs

ttr

4

-0.011

-0.002

-0.005

0.001

baseline

gs

ttr

5

-0.015

-0.003

-0.006

0.001

baseline

gs

ttr

6

-0.020

-0.003

-0.007

0.001

baseline

gs

ttr

7

-0.026

-0.003

-0.008

0.001

baseline

gs

ttr

8

-0.033

-0.004

-0.008

0.001

baseline

gs

ttr

9

-0.041

-0.004

-0.009

0.001

baseline

gs

ttr

10

-0.051

-0.004

-0.009

0.001

baseline

gs

ttr

11

-0.063

-0.004

-0.009

0.001

baseline

gs

ttr

12

-0.077

-0.004

-0.010

0.001

baseline

gs

ttr

13

-0.094

-0.004

-0.010

0.001

baseline

gs

ttr

14

-0.114

-0.004

-0.010

0.001

baseline

gs

ttr

15

-0.137

-0.004

-0.010

0.001

baseline

gs

ttr

16

-0.163

-0.005

-0.010

0.001

baseline

gs

ttr

17

-0.192

-0.005

-0.011

0.001

baseline

gs

ttr

18

-0.222

-0.005

-0.011

0.001

baseline

gs

ttr

19

-0.251

-0.005

-0.011

0.001

baseline

gs

ttr

20

-0.273

-0.005

-0.011

0.001

baseline

gs

gs

0

0.026

0.025

0.024

0.027

baseline

gs

gs

1

0.025

0.024

0.023

0.026

baseline

gs

gs

2

0.024

0.023

0.021

0.025

baseline

gs

gs

3

0.024

0.022

0.020

0.024

baseline

gs

gs

4

0.024

0.021

0.019

0.023

baseline

gs

gs

5

0.024

0.020

0.018

0.022

baseline

gs

gs

6

0.024

0.019

0.017

0.022

baseline

gs

gs

7

0.025

0.018

0.016

0.021

baseline

gs

gs

8

0.026

0.017

0.015

0.020

baseline

gs

gs

9

0.028

0.016

0.014

0.020

baseline

gs

gs

10

0.030

0.016

0.013

0.019

baseline

gs

gs

11

0.034

0.015

0.012

0.019

baseline

gs

gs

12

0.038

0.014

0.011

0.018

baseline

gs

gs

13

0.043

0.014

0.011

0.018

baseline

gs

gs

14

0.050

0.013

0.010

0.017

baseline

gs

gs

15

0.058

0.012

0.009

0.017

baseline

gs

gs

16

0.070

0.012

0.009

0.016

baseline

gs

gs

17

0.085

0.011

0.008

0.016

baseline

gs

gs

18

0.105

0.011

0.008

0.015

baseline

gs

gs

19

0.134

0.010

0.007

0.015

baseline

gs

gs

20

0.174

0.009

0.006

0.014

baseline

gs

gdp

0

0.000

0.000

0.000

0.000

baseline

gs

gdp

1

-0.002

0.000

0.000

0.001

baseline

gs

gdp

2

-0.004

0.001

0.000

0.002

baseline

gs

gdp

3

-0.006

0.001

0.000

0.002

baseline

gs

gdp

4

-0.009

0.001

0.000

0.003

baseline

gs

gdp

5

-0.012

0.002

0.000

0.003

baseline

gs

gdp

6

-0.017

0.002

0.000

0.004

baseline

gs

gdp

7

-0.022

0.002

0.000

0.004

baseline

gs

gdp

8

-0.029

0.002

0.000

0.005

baseline

gs

gdp

9

-0.038

0.002

0.000

0.005

baseline

gs

gdp

10

-0.049

0.003

0.000

0.005

baseline

gs

gdp

11

-0.063

0.003

0.000

0.005

baseline

gs

gdp

12

-0.080

0.003

0.000

0.006

baseline

gs

gdp

13

-0.102

0.003

0.000

0.006

baseline

gs

gdp

14

-0.131

0.003

0.000

0.006

baseline

gs

gdp

15

-0.169

0.003

0.000

0.006

baseline

gs

gdp

16

-0.220

0.003

0.000

0.006

baseline

gs

gdp

17

-0.291

0.003

0.000

0.007

baseline

gs

gdp

18

-0.392

0.003

0.000

0.007

baseline

gs

gdp

19

-0.540

0.003

0.000

0.007

baseline

gs

gdp

20

-0.762

0.003

0.000

0.007

baseline

gdp

ttr

0

0.006

0.004

0.003

0.005

baseline

gdp

ttr

1

0.005

0.004

0.003

0.005

baseline

gdp

ttr

2

0.004

0.003

0.002

0.005

baseline

gdp

ttr

3

0.003

0.003

0.002

0.004

baseline

gdp

ttr

4

0.002

0.003

0.001

0.004

baseline

gdp

ttr

5

0.000

0.002

0.001

0.004

baseline

gdp

ttr

6

-0.003

0.002

0.000

0.004

baseline

gdp

ttr

7

-0.006

0.002

0.000

0.004

baseline

gdp

ttr

8

-0.011

0.002

-0.001

0.004

baseline

gdp

ttr

9

-0.018

0.001

-0.001

0.004

baseline

gdp

ttr

10

-0.028

0.001

-0.001

0.004

baseline

gdp

ttr

11

-0.043

0.001

-0.002

0.004

baseline

gdp

ttr

12

-0.067

0.001

-0.002

0.004

baseline

gdp

ttr

13

-0.104

0.001

-0.002

0.004

baseline

gdp

ttr

14

-0.163

0.001

-0.003

0.004

baseline

gdp

ttr

15

-0.257

0.000

-0.003

0.004

baseline

gdp

ttr

16

-0.412

0.000

-0.004

0.004

baseline

gdp

ttr

17

-0.665

0.000

-0.004

0.004

baseline

gdp

ttr

18

-1.083

0.000

-0.004

0.004

baseline

gdp

ttr

19

-1.773

0.000

-0.004

0.004

baseline

gdp

ttr

20

-2.919

0.000

-0.005

0.004

baseline

gdp

gs

0

0.000

0.000

-0.001

0.001

baseline

gdp

gs

1

-0.001

0.000

-0.001

0.001

baseline

gdp

gs

2

-0.001

0.000

-0.002

0.001

baseline

gdp

gs

3

-0.001

-0.001

-0.002

0.001

baseline

gdp

gs

4

-0.001

-0.001

-0.002

0.001

baseline

gdp

gs

5

-0.001

-0.001

-0.002

0.000

baseline

gdp

gs

6

-0.001

-0.001

-0.002

0.000

baseline

gdp

gs

7

-0.001

-0.001

-0.003

0.000

baseline

gdp

gs

8

-0.002

-0.001

-0.003

0.000

baseline

gdp

gs

9

-0.003

-0.001

-0.003

0.000

baseline

gdp

gs

10

-0.005

-0.001

-0.003

0.000

baseline

gdp

gs

11

-0.009

-0.001

-0.004

0.000

baseline

gdp

gs

12

-0.017

-0.002

-0.004

0.000

baseline

gdp

gs

13

-0.030

-0.002

-0.004

0.000

baseline

gdp

gs

14

-0.052

-0.002

-0.004

0.000

baseline

gdp

gs

15

-0.090

-0.002

-0.005

0.000

baseline

gdp

gs

16

-0.155

-0.002

-0.005

0.000

baseline

gdp

gs

17

-0.266

-0.002

-0.005

0.000

baseline

gdp

gs

18

-0.453

-0.002

-0.005

0.000

baseline

gdp

gs

19

-0.767

-0.002

-0.005

0.000

baseline

gdp

gs

20

-1.295

-0.002

-0.006

0.000

baseline

gdp

gdp

0

0.013

0.010

0.010

0.011

baseline

gdp

gdp

1

0.012

0.011

0.010

0.011

baseline

gdp

gdp

2

0.012

0.011

0.010

0.012

baseline

gdp

gdp

3

0.012

0.011

0.010

0.012

baseline

gdp

gdp

4

0.013

0.011

0.010

0.012

baseline

gdp

gdp

5

0.013

0.011

0.010

0.012

baseline

gdp

gdp

6

0.015

0.011

0.010

0.013

baseline

gdp

gdp

7

0.018

0.011

0.010

0.013

baseline

gdp

gdp

8

0.025

0.012

0.010

0.013

baseline

gdp

gdp

9

0.036

0.012

0.010

0.013

baseline

gdp

gdp

10

0.056

0.012

0.010

0.013

baseline

gdp

gdp

11

0.091

0.012

0.010

0.014

baseline

gdp

gdp

12

0.152

0.012

0.010

0.014

baseline

gdp

gdp

13

0.255

0.012

0.010

0.014

baseline

gdp

gdp

14

0.431

0.012

0.010

0.014

baseline

gdp

gdp

15

0.729

0.012

0.010

0.014

baseline

gdp

gdp

16

1.231

0.012

0.010

0.015

baseline

gdp

gdp

17

2.076

0.012

0.010

0.015

baseline

gdp

gdp

18

3.495

0.012

0.010

0.015

baseline

gdp

gdp

19

5.877

0.012

0.010

0.015

baseline

gdp

gdp

20

9.870

0.012

0.010

0.015

alternative

ttr

ttr

0

0.027

0.027

0.025

0.029

alternative

ttr

ttr

1

0.027

0.026

0.023

0.029

alternative

ttr

ttr

2

0.030

0.029

0.026

0.033

alternative

ttr

ttr

3

0.029

0.027

0.023

0.031

alternative

ttr

ttr

4

0.030

0.025

0.021

0.030

alternative

ttr

ttr

5

0.037

0.023

0.019

0.029

alternative

ttr

ttr

6

0.057

0.022

0.017

0.027

alternative

ttr

ttr

7

0.117

0.020

0.015

0.025

alternative

ttr

ttr

8

0.278

0.018

0.012

0.024

alternative

ttr

ttr

9

0.716

0.017

0.010

0.023

alternative

ttr

ttr

10

1.895

0.015

0.008

0.022

alternative

ttr

ttr

11

5.067

0.014

0.006

0.020

alternative

ttr

ttr

12

13.596

0.013

0.005

0.020

alternative

ttr

ttr

13

36.520

0.012

0.004

0.019

alternative

ttr

ttr

14

98.139

0.011

0.003

0.018

alternative

ttr

ttr

15

263.757

0.010

0.002

0.017

alternative

ttr

ttr

16

708.908

0.009

0.002

0.017

alternative

ttr

ttr

17

1,905.385

0.009

0.001

0.016

alternative

ttr

ttr

18

5,121.269

0.008

0.000

0.015

alternative

ttr

ttr

19

13,764.908

0.007

0.000

0.015

alternative

ttr

ttr

20

36,997.240

0.007

-0.001

0.014

alternative

ttr

gs

0

0.000

0.000

0.000

0.000

alternative

ttr

gs

1

-0.001

0.000

-0.002

0.002

alternative

ttr

gs

2

-0.002

-0.001

-0.005

0.002

alternative

ttr

gs

3

-0.005

-0.002

-0.006

0.002

alternative

ttr

gs

4

-0.010

-0.003

-0.008

0.002

alternative

ttr

gs

5

-0.022

-0.003

-0.009

0.002

alternative

ttr

gs

6

-0.055

-0.004

-0.010

0.002

alternative

ttr

gs

7

-0.142

-0.004

-0.010

0.001

alternative

ttr

gs

8

-0.375

-0.004

-0.011

0.001

alternative

ttr

gs

9

-1.002

-0.004

-0.011

0.001

alternative

ttr

gs

10

-2.686

-0.004

-0.011

0.001

alternative

ttr

gs

11

-7.213

-0.005

-0.011

0.001

alternative

ttr

gs

12

-19.380

-0.004

-0.011

0.001

alternative

ttr

gs

13

-52.082

-0.005

-0.011

0.001

alternative

ttr

gs

14

-139.978

-0.004

-0.011

0.001

alternative

ttr

gs

15

-376.224

-0.004

-0.012

0.001

alternative

ttr

gs

16

-1,011.206

-0.005

-0.011

0.001

alternative

ttr

gs

17

-2,717.908

-0.005

-0.011

0.001

alternative

ttr

gs

18

-7,305.171

-0.004

-0.011

0.002

alternative

ttr

gs

19

-19,634.796

-0.004

-0.011

0.002

alternative

ttr

gs

20

-52,774.300

-0.004

-0.011

0.002

alternative

ttr

gdp

0

0.000

0.000

0.000

0.000

alternative

ttr

gdp

1

0.006

0.006

0.004

0.009

alternative

ttr

gdp

2

0.007

0.009

0.006

0.013

alternative

ttr

gdp

3

0.004

0.011

0.008

0.015

alternative

ttr

gdp

4

-0.006

0.012

0.008

0.016

alternative

ttr

gdp

5

-0.036

0.012

0.008

0.017

alternative

ttr

gdp

6

-0.117

0.012

0.009

0.017

alternative

ttr

gdp

7

-0.336

0.013

0.009

0.017

alternative

ttr

gdp

8

-0.926

0.013

0.009

0.017

alternative

ttr

gdp

9

-2.510

0.013

0.009

0.017

alternative

ttr

gdp

10

-6.768

0.013

0.009

0.017

alternative

ttr

gdp

11

-18.213

0.013

0.009

0.017

alternative

ttr

gdp

12

-48.974

0.013

0.009

0.017

alternative

ttr

gdp

13

-131.655

0.013

0.009

0.017

alternative

ttr

gdp

14

-353.884

0.013

0.010

0.017

alternative

ttr

gdp

15

-951.189

0.013

0.010

0.017

alternative

ttr

gdp

16

-2,556.624

0.013

0.009

0.017

alternative

ttr

gdp

17

-6,871.705

0.013

0.010

0.017

alternative

ttr

gdp

18

-18,469.758

0.013

0.010

0.017

alternative

ttr

gdp

19

-49,642.948

0.013

0.010

0.017

alternative

ttr

gdp

20

-133,430.096

0.013

0.010

0.017

alternative

gs

ttr

0

0.000

0.000

-0.003

0.002

alternative

gs

ttr

1

0.002

0.002

-0.002

0.005

alternative

gs

ttr

2

0.004

0.003

-0.002

0.008

alternative

gs

ttr

3

0.004

0.004

-0.002

0.009

alternative

gs

ttr

4

0.005

0.004

-0.003

0.009

alternative

gs

ttr

5

0.005

0.003

-0.004

0.009

alternative

gs

ttr

6

0.008

0.002

-0.005

0.008

alternative

gs

ttr

7

0.017

0.001

-0.006

0.007

alternative

gs

ttr

8

0.044

0.000

-0.008

0.007

alternative

gs

ttr

9

0.118

-0.001

-0.009

0.006

alternative

gs

ttr

10

0.318

-0.002

-0.010

0.005

alternative

gs

ttr

11

0.858

-0.003

-0.011

0.004

alternative

gs

ttr

12

2.311

-0.004

-0.012

0.003

alternative

gs

ttr

13

6.219

-0.005

-0.013

0.003

alternative

gs

ttr

14

16.723

-0.005

-0.013

0.002

alternative

gs

ttr

15

44.955

-0.006

-0.013

0.002

alternative

gs

ttr

16

120.840

-0.006

-0.014

0.002

alternative

gs

ttr

17

324.802

-0.006

-0.014

0.001

alternative

gs

ttr

18

873.012

-0.006

-0.014

0.001

alternative

gs

ttr

19

2,346.489

-0.006

-0.014

0.001

alternative

gs

ttr

20

6,306.893

-0.006

-0.014

0.001

alternative

gs

gs

0

0.023

0.022

0.021

0.024

alternative

gs

gs

1

0.029

0.028

0.026

0.032

alternative

gs

gs

2

0.033

0.033

0.029

0.037

alternative

gs

gs

3

0.034

0.033

0.029

0.039

alternative

gs

gs

4

0.032

0.033

0.028

0.040

alternative

gs

gs

5

0.029

0.031

0.026

0.040

alternative

gs

gs

6

0.022

0.029

0.023

0.038

alternative

gs

gs

7

0.005

0.027

0.021

0.036

alternative

gs

gs

8

-0.037

0.024

0.018

0.034

alternative

gs

gs

9

-0.147

0.022

0.016

0.032

alternative

gs

gs

10

-0.436

0.020

0.014

0.029

alternative

gs

gs

11

-1.209

0.018

0.012

0.027

alternative

gs

gs

12

-3.285

0.016

0.011

0.025

alternative

gs

gs

13

-8.861

0.015

0.009

0.024

alternative

gs

gs

14

-23.847

0.013

0.008

0.023

alternative

gs

gs

15

-64.121

0.012

0.007

0.022

alternative

gs

gs

16

-172.367

0.011

0.006

0.020

alternative

gs

gs

17

-463.309

0.010

0.005

0.019

alternative

gs

gs

18

-1,245.298

0.009

0.004

0.018

alternative

gs

gs

19

-3,347.123

0.008

0.003

0.017

alternative

gs

gs

20

-8,996.398

0.007

0.002

0.016

alternative

gs

gdp

0

0.000

0.000

0.000

0.000

alternative

gs

gdp

1

0.001

0.001

0.000

0.003

alternative

gs

gdp

2

0.004

0.004

0.001

0.007

alternative

gs

gdp

3

0.005

0.006

0.002

0.010

alternative

gs

gdp

4

0.004

0.007

0.003

0.012

alternative

gs

gdp

5

-0.001

0.008

0.003

0.013

alternative

gs

gdp

6

-0.014

0.008

0.004

0.013

alternative

gs

gdp

7

-0.051

0.008

0.004

0.013

alternative

gs

gdp

8

-0.152

0.008

0.004

0.013

alternative

gs

gdp

9

-0.422

0.008

0.004

0.012

alternative

gs

gdp

10

-1.148

0.007

0.003

0.012

alternative

gs

gdp

11

-3.099

0.007

0.004

0.012

alternative

gs

gdp

12

-8.344

0.007

0.004

0.011

alternative

gs

gdp

13

-22.438

0.007

0.003

0.011

alternative

gs

gdp

14

-60.322

0.006

0.003

0.010

alternative

gs

gdp

15

-162.145

0.006

0.003

0.010

alternative

gs

gdp

16

-435.822

0.006

0.003

0.010

alternative

gs

gdp

17

-1,171.412

0.006

0.003

0.010

alternative

gs

gdp

18

-3,148.526

0.005

0.003

0.010

alternative

gs

gdp

19

-8,462.604

0.005

0.003

0.009

alternative

gs

gdp

20

-22,745.755

0.005

0.003

0.009

alternative

gdp

ttr

0

0.004

0.004

0.003

0.005

alternative

gdp

ttr

1

0.004

0.004

0.003

0.005

alternative

gdp

ttr

2

0.004

0.004

0.003

0.006

alternative

gdp

ttr

3

0.002

0.004

0.002

0.006

alternative

gdp

ttr

4

-0.002

0.004

0.002

0.006

alternative

gdp

ttr

5

-0.013

0.003

0.001

0.006

alternative

gdp

ttr

6

-0.042

0.003

0.001

0.006

alternative

gdp

ttr

7

-0.119

0.003

0.000

0.005

alternative

gdp

ttr

8

-0.324

0.002

-0.001

0.005

alternative

gdp

ttr

9

-0.875

0.002

-0.001

0.005

alternative

gdp

ttr

10

-2.355

0.002

-0.002

0.005

alternative

gdp

ttr

11

-6.331

0.001

-0.002

0.005

alternative

gdp

ttr

12

-17.020

0.001

-0.003

0.005

alternative

gdp

ttr

13

-45.748

0.001

-0.003

0.005

alternative

gdp

ttr

14

-122.963

0.001

-0.004

0.005

alternative

gdp

ttr

15

-330.502

0.001

-0.004

0.005

alternative

gdp

ttr

16

-888.322

0.001

-0.005

0.005

alternative

gdp

ttr

17

-2,387.628

0.000

-0.005

0.004

alternative

gdp

ttr

18

-6,417.455

0.000

-0.005

0.004

alternative

gdp

ttr

19

-17,248.804

0.000

-0.005

0.004

alternative

gdp

ttr

20

-46,361.250

0.000

-0.006

0.004

alternative

gdp

gs

0

0.000

0.000

-0.001

0.001

alternative

gdp

gs

1

0.000

0.000

-0.002

0.001

alternative

gdp

gs

2

0.001

-0.001

-0.002

0.002

alternative

gdp

gs

3

0.003

-0.001

-0.003

0.002

alternative

gdp

gs

4

0.008

-0.001

-0.003

0.002

alternative

gdp

gs

5

0.023

-0.001

-0.003

0.002

alternative

gdp

gs

6

0.063

-0.001

-0.004

0.002

alternative

gdp

gs

7

0.172

-0.001

-0.004

0.002

alternative

gdp

gs

8

0.464

-0.002

-0.005

0.002

alternative

gdp

gs

9

1.249

-0.002

-0.005

0.002

alternative

gdp

gs

10

3.359

-0.002

-0.005

0.002

alternative

gdp

gs

11

9.032

-0.002

-0.005

0.002

alternative

gdp

gs

12

24.278

-0.002

-0.005

0.002

alternative

gdp

gs

13

65.256

-0.002

-0.006

0.002

alternative

gdp

gs

14

175.399

-0.002

-0.006

0.002

alternative

gdp

gs

15

471.439

-0.002

-0.006

0.002

alternative

gdp

gs

16

1,267.135

-0.002

-0.006

0.002

alternative

gdp

gs

17

3,405.804

-0.003

-0.006

0.003

alternative

gdp

gs

18

9,154.105

-0.003

-0.006

0.003

alternative

gdp

gs

19

24,604.363

-0.003

-0.006

0.003

alternative

gdp

gs

20

66,131.490

-0.003

-0.006

0.003

alternative

gdp

gdp

0

0.011

0.010

0.010

0.011

alternative

gdp

gdp

1

0.013

0.011

0.010

0.013

alternative

gdp

gdp

2

0.015

0.012

0.010

0.014

alternative

gdp

gdp

3

0.021

0.012

0.011

0.014

alternative

gdp

gdp

4

0.035

0.012

0.011

0.015

alternative

gdp

gdp

5

0.073

0.012

0.011

0.015

alternative

gdp

gdp

6

0.176

0.012

0.011

0.015

alternative

gdp

gdp

7

0.450

0.012

0.011

0.015

alternative

gdp

gdp

8

1.189

0.012

0.011

0.015

alternative

gdp

gdp

9

3.174

0.012

0.011

0.015

alternative

gdp

gdp

10

8.510

0.012

0.010

0.015

alternative

gdp

gdp

11

22.851

0.012

0.010

0.015

alternative

gdp

gdp

12

61.399

0.012

0.010

0.015

alternative

gdp

gdp

13

165.006

0.012

0.010

0.015

alternative

gdp

gdp

14

443.481

0.012

0.010

0.015

alternative

gdp

gdp

15

1,191.965

0.012

0.010

0.015

alternative

gdp

gdp

16

3,203.737

0.012

0.010

0.015

alternative

gdp

gdp

17

8,610.966

0.012

0.010

0.015

alternative

gdp

gdp

18

23,144.491

0.012

0.010

0.015

alternative

gdp

gdp

19

62,207.630

0.012

0.010

0.015

alternative

gdp

gdp

20

167,201.341

0.012

0.010

0.015

Next steps

  • Post-Estimation Workflows vignette — covers historical decomposition, including full-sample HD plots and event-window composition views, plus hypothesis testing, peak/duration response summaries, and representative-draw selection.
  • Hypothesis Testing vignette — formal posterior probability statements via hypothesis_irf(), joint_hypothesis_irf(), and simultaneous_irf().