The \textit{identification\_scheme} option has two potential values

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@@ -556,7 +556,25 @@ The \textit{identification\_scheme} option has two potential values

Keep in mind that the first factorization of the covariance matrix is sensible to the ordering of the variables (as declared in the mod file with \verb+var+). This is not the case of the second factorization, but its structural interpretation is, at best, unclear (the Matrix square root of a covariance matrix, $\Sigma$, is the unique symmetric matrix $A$ such that $\Sigma= AA$).\newline

The mean, median, variance and confidence intervals for IRFs are saved in \texttt{oo\_.bvar.irf}

If you want to change the length of the IRFs plotted by the command, you can put\\

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\texttt{options\_.irf=40;}\\

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before the \texttt{bvar\_irf}-command. Similarly, to change the coverage of the highest posterior density intervals to e.g. 60\% you can put the command\\

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\texttt{options\_.bvar.conf\_sig=0.6;}\\

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there.\newline

The mean, median, variance, and confidence intervals for IRFs are saved in \texttt{oo\_.bvar.irf}