estimating states from EVIEWS 11

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saranya
Posts: 41
Joined: Wed Nov 16, 2016 5:51 am

estimating states from EVIEWS 11

Postby saranya » Mon Jul 29, 2019 2:35 am

Hi,

I got my model converged. However, when I forecast the state variables, I see that it has same values across periods. What can be the reason for this?
Any ideas?

Included observations: 148
Convergence achieved after 20 iterations
Coefficient covariance computed using outer product of gradients

Coefficient Std. Error z-Statistic Prob.

C(1) 1.188446 0.356475 3.333886 0.0009
C(2) -0.337691 0.335613 -1.006191 0.3143
C(3) 0.000329 0.000219 1.502363 0.1330
C(4) 0.360678 0.153729 2.346191 0.0190
C(5) 5.23E-07 1.90E-06 0.276045 0.7825

Final State Root MSE z-Statistic Prob.

SV1 0.505213 0.167231 3.021054 0.0025
SV2 -8.14E-05 8.73E-05 -0.931828 0.3514
SV3 -0.356022 0.167469 -2.125901 0.0335

Log likelihood -361.4769 Akaike info criterion 4.952391
Parameters 5 Schwarz criterion 5.053648
Diffuse priors 3 Hannan-Quinn criter. 4.993531

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