univariate arma long run restrictions

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sweivE
Posts: 18
Joined: Thu Mar 03, 2011 5:21 am

univariate arma long run restrictions

Postby sweivE » Wed Apr 13, 2011 2:13 am

is there a way to do that?
for example, i use a univariate arima equation of cpi data to forecast inflation and i would the forecasted values (of inflation) to converge to the inflation target within 2 years.

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