Hi there,
i want the model equation to run off the last period's historical value plus an add, while keeping the history unchanged.
So instead of model add factors that work like: f(yi) = fi(y(t-1),x) +a
Is there a way to make the add factor work like: f(yi) = fi(y(t-1) + a,x)
This is for fiscal modelling similar to this post:
viewtopic.php?f=10&t=14722
I'm currently using a lot of programming to achieve this but maybe there is a more elegant solution?
I use Eviews 9.
thanks!
add factor before model function?
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