Can you please describe how to generate a series in a quarterly page to match a specified annual growth rate?
I am looking for a command of the type
Code: Select all
smpl 2018:2 2019
genr x = ... (?)....
where the series x already exists in the workfile up to 2018:2 and the expression .... (?).... will generate the series x, from 2018:2 onwards, that will yield the annual growth rate of 2.5 per cent in 2019. To do this one must of course assume something about the development of x. Lets assume that x has a constant quarterly growth rate, i.e. x/x(-1)=constant. Under this assumption one can calculate the development of x which yields the annual growth rate of 2.5 per cent, but I do not know how this is done in EViews.
Can you please give me a clue on how to proceed?
(this type of command may be useful when excluding an endogenous variable in a quarterly model and where one wants to set the annual growth rate of that variable over the exclusion period)