Generate long-run forecasts

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mchan
Posts: 4
Joined: Tue Sep 19, 2017 3:04 am

Generate long-run forecasts

Postby mchan » Tue Oct 10, 2017 3:51 am

Hi,

I have a very basic question. I estimated a DOLS and FMOLS equation and would like to generate a long-run forecast using the coefficients. This is before building an error-correction model.

I proceed by using Proc > Forecast however I noticed that the series generated is very different (much larger) from my manual calculation using the eviews command genr y=c(1)*x1+c(2)*x2+...

Why is this so? What is the Proc > Forecast function calculating then?

Thanks

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 11715
Joined: Tue Sep 16, 2008 5:38 pm

Re: Generate long-run forecasts

Postby EViews Gareth » Tue Oct 10, 2017 6:36 am

Click on View->Representations to see the forecast string
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