RDP 2020-08: Start Spreading the News: News Sentiment and Economic Activity in Australia Appendix B: VAR Estimates with Different Ordering
December 2020
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Figure B1: Responses of Economic Indicators to a One Standard Deviations News Sentiment Shock, Using VAR with NSI Ordered First
![Figure B1: Responses of Economic Indicators to a One Standard Deviations News Sentiment Shock, Using VAR with NSI Ordered First](images/figure-b1.gif)
Note: Shaded areas are the 90 per cent confidence intervals
Sources: Authors' calculations; Dow Jones Factiva; NAB
Figure B2: Responses of Economic Indicators to a One Standard Deviations News Uncertainty Shock, Using VAR with NUI Ordered First
![Figure B2: Responses of Economic Indicators to a One Standard Deviations News Uncertainty Shock, Using VAR with NUI Ordered First](images/figure-b2.gif)
Note: Shaded areas are the 90 per cent confidence intervals
Sources: Authors' calculations; Dow Jones Factiva; NAB