Local projections

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Suggested by @samuelson111: Local Projections Impulse Response Functions in R Package ‘lpirfs’

https://cran.r-project.org/web/packages/lpirfs/lpirfs.pdf

I've found this paper by Luca Brugnolini also very interesting:

Luca Brugnolini, 2018. "About Local Projection Impulse Response Function Reliability," CEIS Research Paper 440, Tor Vergata University, CEIS, revised 09 Jun 2018.

https://ideas.repec.org/p/rtv/ceisrp/440.html

As suggested by @YuBai_Metrics "How Reliable Are Local Projection Estimators of Impulse Responses?" by Kilian and Kim (The Review of Economics and Statistics 2011, 93:4,1460-1466).

https://www.mitpressjournals.org/doi/abs/10.1162/rest_a_00143

Replication codes in Matlab here: https://dataverse.harvard.edu/dataset.xhtml?persistentId=hdl:1902.1/17434