set cholesky identification

set_identification_cholesky()

Value

returns an S3 object of the class chol

Details

This function creates an object of the class chol needed for the identification of structural. Identification of structural shocks is important for further analytic steps such as Impulse-Response-Functions or Historical Decomposition. For a Cholesky-decomposition no further inputs are needed, however the ordering of variables in the VAR-model becomes important.