hello I am using eviews 8 to carry out Bai and Perron Structural Break tests. I have a very simple question.
When I perform the L+1 vs L breaks i get three dates (1977 1987 1998) in sequential break dates and three (1977 1987 2003) in the repartition break dates.
One date is different in these. My question is that should i consider all four dates (1977 1987 1998 2003) in my model as breaks Or just the ones with sequential procedure??
When I perform the L+1 vs L breaks i get three dates (1977 1987 1998) in sequential break dates and three (1977 1987 2003) in the repartition break dates.
One date is different in these. My question is that should i consider all four dates (1977 1987 1998 2003) in my model as breaks Or just the ones with sequential procedure??