Error 8 in encrypted program

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hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Error 8 in encrypted program

Postby hugovpr » Thu Jan 14, 2021 10:53 am

Hello all,

I am sort of new to Eviews but have some time series background. For now, I am doing a standard VAR. Nevertheless, given that I have a relatively small sample for a VAR(2), the non-normality assumption is not satisfied. Given that, I am trying to use the "Killian-Bias Adjusted Bootstrap Add-in" to adjust my standard errors. Nevertheless, when I press "Proc" on my VAR estimation to use the mentioned add-in, I am getting the following error:

"Error 8 in encrypted program"

I would highly appreciate if anybody could tell what error I am having and, if possible, how to fix it so I can bootstrap my standard errors.

Thank you very much!

Hugo

My Eviews version is 11Univ

dakila
Posts: 479
Joined: Tue Nov 24, 2015 4:57 pm

Re: Error 8 in encrypted program

Postby dakila » Fri Jan 15, 2021 6:44 am

Please send me your data. Next time, you should ask question on the Kilian add-in thread

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Fri Jan 15, 2021 9:27 am

Dear Mr. Dakila,

Here it is.

Thank you,

Hugo
Attachments
datauipfinal.wf1
(64.68 KiB) Downloaded 245 times

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Fri Jan 15, 2021 9:28 am

Though I tried multiple datasets and the problem persists

dakila
Posts: 479
Joined: Tue Nov 24, 2015 4:57 pm

Re: Error 8 in encrypted program

Postby dakila » Fri Jan 15, 2021 3:49 pm

Please describe the specification of VAR model.

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Sat Jan 16, 2021 2:43 pm

Please find attached
Attachments
Screen Shot 2021-01-16 at 4.42.50 PM.png
Screen Shot 2021-01-16 at 4.42.50 PM.png (173.6 KiB) Viewed 21653 times

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Sat Jan 16, 2021 2:49 pm

Also, find exactly of the error
Thanks!!
Attachments
Screen Shot 2021-01-16 at 4.48.11 PM.png
Screen Shot 2021-01-16 at 4.48.11 PM.png (213.66 KiB) Viewed 21652 times

dakila
Posts: 479
Joined: Tue Nov 24, 2015 4:57 pm

Re: Error 8 in encrypted program

Postby dakila » Sat Jan 16, 2021 4:22 pm

You should create variables before the estimation. For example:

Code: Select all

series dlogexpec= dlog(expecnominal)
or
series dlogexpec=d(logexpecnominal)

Do not use expression such as log and difference.

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Sun Jan 17, 2021 9:06 am

But when I put fedfundsfuture (variable already in the system), I keep getting the same error

dakila
Posts: 479
Joined: Tue Nov 24, 2015 4:57 pm

Re: Error 8 in encrypted program

Postby dakila » Sun Jan 17, 2021 10:38 am

Just put one variable in the impulse variable box. if you upgrade your Eviews 11 to Eviews 12 there is built-in procedure of Kilian bootstrap.

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Sun Jan 17, 2021 11:37 am

Yes, I am putting one variable at a time given that "impulse" is written in singular but still keep getting the error. This week I will try to update my Eviews

dakila
Posts: 479
Joined: Tue Nov 24, 2015 4:57 pm

Re: Error 8 in encrypted program

Postby dakila » Mon Jan 18, 2021 2:04 am

The following code works for me:

Code: Select all

series dlogexpecnominal=dlog(nominexch)
series dlogsp500=dlog(s_p500_index)
series expecinflation=inflation_surprise
var01.ls 1 2 dlogexpecnominal dlogsp500 expecinflation fedfundsrate
var01.impulse(48, se=a) @imp fedfundsrate
var01.kilian fedfundsrate

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Tue Jan 19, 2021 7:13 am

No, I keep getting the same error

hugovpr
Posts: 12
Joined: Thu Jan 14, 2021 10:41 am

Re: Error 8 in encrypted program

Postby hugovpr » Tue Jan 19, 2021 7:29 am

Is there any manual or something related? I just want to know exactly what the error means so I can fix the issue


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