Dear all, I am new to this forum, I joined because I am having a problem in my code and I need some help. (Eviews version 11)
Let me just focus on the critical part of the code. I have the following model to simulate for a panel of countries, that is composed by my some shocks (plugged as exogenous variables) and some yearly dummy (with IDC being the ID for each country, and VAR_to_PLOT the endogenous variables):
coef(1000) C1
system {%sys}
!J= 0
!I=100
!K=0
FOR %IDC {%LIST}
{%sys}.append {%VAR_to_PLOT}{%IDC} =
C1(1+!I) _
+ C1(2+!J)*shock1_{%IDC} _
+ C1(3+!J)*shock2_{%IDC} _
+ C1(4+!J)*shock3_{%IDC} _
+ C1(5+!J)*shock4_{%IDC} _
+ … …
+ C1(28+!J)*shock27_{%IDC} _
+ C1(50+!J)*dummy_s1983+ C1(51+!J)*dummy_s1984+ C1(52+!J)*dummy_s1985+ C1(53+!J)*dummy_s1986+ C1(54+!J)*dummy_s1987+ C1(55+!J)*dummy_s1988+ C1(56+!J)*dummy_s1989+ C1(57+!J)*dummy_s1990+ C1(58+!J)*dummy_s1991+ C1(59+!J)*dummy_s1992+ C1(60+!J)*dummy_s1993+ C1(61+!J)*dummy_s1994+ C1(62+!J)*dummy_s1995+ … … + C1(80+!J)*dummy_s2014
Where the … represents just the continuation of the code through shocks/year dummies.
Now, I need to introduce some controls, and I was thinking to just write in the model, between the shocks and the yearly dummies, the following:
(shocks) + … … + C1(30+!J)*control1_{%IDC} + C1(31+!J)*control2_{%IDC} + C1(32+!J)*control3_{%IDC} + … … + (yearly dummies)
but I get the following error:
is not defined or is an illegal command in "+ C1(50+!J)*dummy_s1983+ C1(51+!J)*dummy_s1984+ C1(52+!J)*dummy_s1985+ C1(53+!J)*dummy_s1986+ C1(54+!J)*dummy_s1987+ C1(55+!J)*dummy_s1988+ C1(56+!J)*dummy_s1989+ C1(57+!J)*dummy_s1990+ C1(58+!J)*dummy_s1991+ C1(59+!J)*dummy_s1992+ C1(60+!J)*dummy_s1993+ C1(61+!J)*dummy_s1994+ C1(62+!J)*dummy_s1995+ … … + C1(80+!J)*dummy_s2014"
Can you understand what Eview tries to tell me, and how can I introduce other variables on the right hand side of the regression??
Please, let me know if you need additional information, again, I am new to Eviews and this forum so I might omit necessary information.
Thank you in advance,
Alessandro
Adding controls to the attached model
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Adding controls to the attached model
Last edited by alefrank90 on Thu Apr 09, 2020 9:38 am, edited 1 time in total.
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Re: Adding controls to the attached model
Hello,
This may just be a matter of missing line continuation characters (_). I notice two omissions in the code you provided, on the lines "{%sys}.append {%VAR_to_PLOT}{%IDC} =" and "+ C1(28+!J)*shock27_{%IDC}", and your subsequent edits might contain a similar typo.
This may just be a matter of missing line continuation characters (_). I notice two omissions in the code you provided, on the lines "{%sys}.append {%VAR_to_PLOT}{%IDC} =" and "+ C1(28+!J)*shock27_{%IDC}", and your subsequent edits might contain a similar typo.
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