Thank you. That would help.   Mahmud ... View more

ndeed, I was referring to the methodology proposed by Pesaran and Shin (1998). Well in the absence of this methodology, which you rightly explained, do you think this alternative would work?     proc varmax data=grunfeld plot=impulse; model y1-y3 = x1 x2 / p=1 lagmax=5 printform=univariate print=(impulsx=(all) estimates); I  ... View more

Indeed, I was referring to the methodology proposed by Pesaran and Shin (1998). Well in the absence of this methodology, which you rightly explained, do you think this alternative would work?     proc varmax data=grunfeld plot=impulse; model y1-y3 = x1 x2 / p=1 lagmax=5 printform=univariate print=(impulsx=(all) estimates); ... View more

Steve, I received a notification that you have replied to the question I posed:  "I am interested in analyzing the generalized impulse response functions with Proc VARMAX. However, I am not sure how to program this with the Proc VAXMAX since none of the examples outlined in SAS indicated 'generalized'. I was wondering if someone would kindly help me with the program". However, I could not find your response to my question. Could you let me know where you placed your response. Thanks.   Mahmud     ... View more