EViews.com

I have the same problem. On my computer eviews shows prob=1, but if it is runned on other computers it shows 0. I can't understand what's wrong here

Thanks Trubador for further clarifications and for devoting your time)) I am trying to evaluate a simple monetry rule according to which the central bank should change the nominal interest rate in response to changes in inflation and output. I'm using OLS regression. The equation is i=c+aπ+by , wher...

Thank you very much trubador and startz for your reply! Actually I am going to run a least squares regression. What do I need to do in this case?

Hi, I badly need your help, plss)) I am trying to run a regression, but got stuck with the problem of stationarity. I have gdp growth (%) and inflation rates (annual % change of cpi index) in my equation which are not stationary. Is it right to take the first difference of this variables (d(gdp_grow...

Thank you very much Trubador for the reply! But I still can not understand is it wrong to take the 1st difference of output gap (that is d(output_gap)) ?

Is it right to take the 1st difference of the "output gap" data? It is already a difference (difference between the actual output of an economy and its potential output) but the data series is not stationary. I have calculated the potential output by using HP filter. But I did not correct ...

Thank you very much for your help trubador! Actually I'm not doing any forecast, I'm simply constructing a model based on ex-post estimates. I have collected all the quarterly data for the inflation rate for my sample period (can't I still use HP filter?). Anyway, I've better use low-to-high frequen...

I need to get quarterly data on inflation targets set by central banks, but those are normally set on annual basis. Is it possible to estimate those banchmark rates (inflation targets) using Hodrick Prescott Filter based on the inflation's quarterly data ? Or I need to use linear interpolation in or...