Plot impulse responses from a single estimation approach

Produces a panel of IRF plots for a single set of impulse responses, with optional confidence bands. Returns a list of ggplot objects (one per variable-shock combination) that can be arranged with e.g. cowplot::plot_grid().

Usage

plotirf(IRFest, IRFse = NULL, HTick, Labels, ci = c(0.9, 0.95))

Arguments

IRFest

Array (H x N x E) of impulse response point estimates. Dimnames on the first dimension must be the horizon labels (numeric).

IRFse

Array (H x N x E) of standard errors, or NULL to suppress confidence bands.

HTick

Integer. Step size for x-axis tick marks.

Labels

Character vector of length N. Variable names used as panel titles.

ci

Numeric vector of confidence levels in (0, 1). One shaded band is drawn per level, with wider bands rendered at lower opacity. Defaults to c(0.90, 0.95).

Value

A list of ggplot objects, one per variable-shock combination, ordered by shock (outer loop) then variable (inner loop).