## Figure 2.4.1. Impulse Response of Cumulative Real GDP Growth to a High-Yield Share Shock

## Source details

**Canonical URL:** [Figure 2.4.1. Impulse Response of Cumulative Real GDP Growth to a High-Yield Share Shock](https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/csv/boxfigure241.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/april/chapter-2/csv/boxfigure241.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/april/chapter-2/csv/boxfigure241.csv.json)

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### Dataset description
- Worksheet name: csv
- Units: (Percent)
- Variables provided:
  - Impulse response
  - CI (upper)
  - CI (lower)
- Time horizons reported: t+1, t+2, t+3, t+4, t+5

### Impulse response values and confidence intervals
- t+1
  - Impulse response: -0.49
  - CI (upper): -0.176405758
  - CI (lower): -0.803594232
- t+2
  - Impulse response: -1.16
  - CI (upper): -0.689608634
  - CI (lower): -1.630391359
- t+3
  - Impulse response: -1.92
  - CI (upper): -0.881219089
  - CI (lower): -2.958781004
- t+4
  - Impulse response: -1.87
  - CI (upper): -1.144813299
  - CI (lower): -2.59518671
- t+5
  - Impulse response: -1.44
  - CI (upper): 0.382766515
  - CI (lower): -3.2627666

### Key findings (from dataset values)
- The impulse response is negative at all reported horizons: -0.49, -1.16, -1.92, -1.87, and -1.44 (t+1 through t+5).
- The largest negative point estimate occurs at t+3: -1.92.
- CI (upper) values range from -1.144813299 to 0.382766515 across horizons.
- CI (lower) values range from -0.803594232 to -3.2627666 across horizons.

*Source: boxfigure241 (https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/csv/boxfigure241.csv)*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/csv/boxfigure241.csv_