Here's a snippet of a switching regression, simple switching on postwar GDP growth. Note that the standard error of the regression is larger than the standard deviation of the dependent variable. Is that odd?
Funny state switching
Moderators: EViews Gareth, EViews Moderator
-
- EViews Developer
- Posts: 2671
- Joined: Wed Oct 15, 2008 9:17 am
Re: Funny state switching
Hard to say. The switching objective is very different from the simple minimum sums-of-squares that you get in the standard case.
What is regime specific in your model?
What is regime specific in your model?
-
- Non-normality and collinearity are NOT problems!
- Posts: 3775
- Joined: Wed Sep 17, 2008 2:25 pm
Re: Funny state switching
Just the mean.
-
- EViews Developer
- Posts: 2671
- Joined: Wed Oct 15, 2008 9:17 am
Re: Funny state switching
Have to think about this. Can you send me the workfile?
Who is online
Users browsing this forum: No registered users and 29 guests