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convert series from %year on year to level

Posted: Thu Dec 13, 2018 8:02 pm
by chairake
Hello,

I want to know how to command eviews in this case

Intro to the Questions

I forecast y from growth form model that is @pcy(y) = c @pcy(x1) @pcy(x2)
After that I get foretasted y for 12 months ahead . Then I must the foretasted @pcy(y) to y
how I can code it.

thank you in advance

EX. Y (volume) Y_GRf (%year on year)
real period 120 4%
real period (latest) 250 1%
.........................................................................................................
forecast period 1 XX <<<<<<< 2% (2% convert to volume)
forecast period 2 XX 5%
forecast period 3 XX -3%
forecast period 4 XX 0%
forecast period 5 XX -0.5%
.
.
.
forecast period 12 7%

Re: convert series from %year on year to level

Posted: Thu Dec 13, 2018 10:51 pm
by EViews Gareth
Just have the equation forecast the real level rather than the growth rate.

http://www.eviews.com/help/helpintro.ht ... ns.html%23

Re: convert series from %year on year to level

Posted: Fri Dec 14, 2018 2:05 am
by chairake
thank a lot