Search found 3 matches

by JST-fund
Thu Jul 13, 2023 3:59 am
Forum: Estimation
Topic: How to solve biased estimation of r*
Replies: 0
Views: 143959

How to solve biased estimation of r*

We are on the way to applying the r* estimation of Holston-Lawbach-Williams model and IMF WEO (2nd chapter of April 2023 WEO) to Japan's r*. However, our results showed r* are unusually large negative numbers. Probably we should in advance solve the estimation biases that standard deviation of the i...
by JST-fund
Wed Jul 12, 2023 4:50 am
Forum: Estimation
Topic: State space model on Eviews
Replies: 3
Views: 40981

Re: State space model on Eviews

Thanks to your advise, I can solve this problem. But another issue has come. We got an error message after setting intitial variables. "Near singular matrix" We will send you the work files. I thought there were no more errors, but I am very troubled. Could you please advise me on this tas...
by JST-fund
Mon Jul 10, 2023 3:55 pm
Forum: Estimation
Topic: State space model on Eviews
Replies: 3
Views: 40981

State space model on Eviews

I am trying to describe the state space model to reproduce the attached model, but I get the following error. Please let me know how to solve this problem. Is the type of description of the state space model incorrect? @SIGNAL Y = C(1)*(Y(-1)-SV3(-1)) + C(2)*(Y(-2)-SV3(-2)) +C(3)/2*(R(-1)-SV1(-1)) +...

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