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Estimation of Taylor rule with smoothing parameter

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What you've done looks right. Since your model is linear, you might try the TSLS command and see if that works. Also, before you run GMM set c=0.



EViews sample workfiles

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Hello!

I would like to know if it is possible to get older EViews sample workfiles as well or could You help me finding one specific workfile.

I am trying to estimate NAIRU with Kalman filter for European Union countries. I have EViews 10 and wanted to see some state-space model examples. I found only airline.wf1, but I just got to one article (http://cmi.comesa.int/wp-content/upload ... ercise.pdf) where it is said that there should be gdp_kenya.wf1 as well but I could not find it.

Is there any possibility to get it somewhere because it seems that this file could help me with NAIRU estimates as I have some errors right now.


Estimation of Taylor rule with smoothing parameter

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What do you mean by set c=0? How can I do that? Will it impact results?
Thank you in advance!


Estimation of Taylor rule with smoothing parameter

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Type c=0 into the command line before estimating an equation. This resets the starting values of the coefficients. Not likely to matter, but there's a chance.


Estimation of Taylor rule with smoothing parameter

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It still does not work.
Tried to do the same way as in this pdf http://coin.wne.uw.edu.pl/~lgoczek/pdf/ ... trics5.pdf, but no results.
The problem only disappears when I remove a constant term c(2) from the regression, but I cannot use such result, I think.
Anyway, thank you for your help and time, I really appreciate that!


EViews sample workfiles

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mpetroks wrote:Hello!

I would like to know if it is possible to get older EViews sample workfiles as well or could You help me finding one specific workfile.

I am trying to estimate NAIRU with Kalman filter for European Union countries. I have EViews 10 and wanted to see some state-space model examples. I found only airline.wf1, but I just got to one article (http://cmi.comesa.int/wp-content/upload ... ercise.pdf) where it is said that there should be gdp_kenya.wf1 as well but I could not find it.

Is there any possibility to get it somewhere because it seems that this file could help me with NAIRU estimates as I have some errors right now.

That paper specifically says they retrieved the data from the Kenyan government website. It was never distributed with EViews.


Redundant variables test and restricted sample

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Hi,

I am trying to run redundant variables test for panel data but got the same issue as yours,
Total company: 245, Year: 2007-2015
Dep. variable = FOR
My model is FOR = LISTING PERIOD + SIZE+ EPS+MTB+C
Redundant variable LISTING PERIOD
I created G1= FOR(-1)
at sample i type: 2007 2015 if @rnas(G1)=0

Eviews showed error: "Error in the sample: @RNAS(G1) required a group argument"
Could you please guide me where did I do something wrong?

Many thanks in advance


Redundant variables test and restricted sample


Long run restrictions for a structural VAR

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Hello,

Are you asking about how you should restrict those matrices? There is no one correct way to do so, the restrictions are part of the assumptions of your model. It's up to you to specify how you believe the variables in your model are related to one another.


Importing data from an xlsx file

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Steve, thank you very much - that worked perfectly!

Chris


.x13 syntax problem

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EViews Gareth wrote:Ah, looks like there is a bug currently.

It should be save="fcst", but it isn't working. We'll get it fixed in the next EV9 patch.




I tried save the forecast from x13 in eviews 10 and still with problem.

series01.x13(save="d11", appendfcst = "yes", tf=auto, arimasmpl="1995M01 2018M02", flen=2) @x11arima(save="fcast", amdl=b, mfile="c:\users\318917~1\appdata\ev_temp\evx13.mdl") @x11(fcast)


.x13 syntax problem

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The forecast won't be imported if a) X13 didn't create a forecast (for example it decided none of the ARIMA models were appropriate) or b) the forecast extends beyond the workfile range.


Replace the for loop line with

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I`ve already started a study of cycles, thank you, it seems like more easily use change, less puzzling, huh!


One click view of Equation

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Hi

In a model object, to view the equation underlying an endogenous variable, I have to (in the variable view)
1) right click on the endogenous variable
2) press "properties"
3) click on "Equation"

It would be nice if the Equation view was directly available when right clicking on an endogenous variable

Thomas


.x13 syntax problem

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EViews Gareth wrote:The forecast won't be imported if a) X13 didn't create a forecast (for example it decided none of the ARIMA models were appropriate) or b) the forecast extends beyond the workfile range.



caged.wf1


The problem is when I try to code to save the forecast. I want to use the forecast of the x13, but I have 100 series, so I have to make a loop.



Program to calculate % returns after a condition is met

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I see, some pieces of code you've written on that are required here in order to help you. But I must say, I had experience with writing a program like this one for years ago, as my college assignment. Back then, I didn't hear a word about EViews, so I had to write it with R and to bring some Python here and there - that's how my teacher described that task. I was pretty bad with programming that times, so I'd asked for assistance from professionals of this service https://www.assignmentexpert.com/programming and they did it for me in 3 days. I can't be sure, but I guess that piece of code still remains on my old laptop, which my parents are using now. I'll bring here some updates when I reach them out, maybe it would come in use to you here


FAVAR add-in

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Hello,
is it possible to obtain the IRF for a variable which is only differenced and not log-differenced (has negative values) using your add-in, please?
My second question is connected with the IRF interpretation. Is the y axis in standard deviations of original variables or in standard deviations of variables trasformed to exhibit stationarity (for example: if the variable is log-differenced, is the y-axis unit of IRF standard deviation of level or standard deviation of log of the original variable)? Thank you very much.


Changing estimated values

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I am running GMM system with HAC weights, which is probably misspecified (NKDSGE) and therefore convergence behaves badly. However, despite misspecification, the model gives reasonable forecasts and that is what I am after.

The problem is, from time to time something change, and the results of exactly the same estimations are suddenly different. I first noticed it after the program crashed and when I re-run it, but later again with some change in estimation options (change of Kernel, when switched back to default, somewhat different results). I am not able to replicate my result therefore!

I use "param" to ensure identical starting values for iterative estimation method. Also tried direct edit of c.

Seems like if there were some other hidden values that affect the procedure of iterative GMM estimation, that sometimes change with some reinicialization of the program (and sometimes not).

I use Eviews 8, however not up do date, as this is not my copy.

How can I assure replicable results?


Clustered Standard Errors

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So there are multiple periods per firm-year? Have you already structured your workfile as a panel? Did EViews create a new sub-index?

For purposes of estimation, what panel features are you using? Lags, individual or period effects?


Economic convergence model

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Dear forum administrator and users
I would appreciate if you could help me on how to estimate the b convergence of 13 regions (regional GDP per capita) with the European Union mean value of GDP per capita, based on Sala-i-Martin, Xavier X. (1995) : The Classical Approach to Convergence Analysis, Center Discussion Paper, No. 734
(1/T)*(Ln(Yi,t/Yi,0)=c-B*Ln(Yi,0)+e
As you can see in the attached excel file my data is from 2000 to 2016 for 13 regions (el51, el52… el43) and for the European Union (gdp_eu)
As I can understand from my initial efforts, I have not entered the data properly. So please give me some advice on this topic too.
Thank you in advanced
pkoudoum


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