Page 1 of 1

add factor before model function?

Posted: Fri Sep 09, 2016 9:55 am
by ecrumms
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:

I'm currently using a lot of programming to achieve this but maybe there is a more elegant solution?

I use Eviews 9.