3. Impulse-response Function
Impluse-response analysis is one goal of building VAR model. The function shows how a variable reacts (response) to a shock (impluse) hitting any other variable in the system. If system consists of K variables, K2 impluse response functions can be determined using VMA (Vector Moving Average representation).
4. Volatility Modeling with asymmetric GARCH Models(exponential and threshold)
5. News Impact Curve