EViews.com

Hi, The error terms of a reduced VAR model are contemporaneously associated, so people often use Cholesky decomposition to orthogonalize them. However, in Eviews, I can only see the impulse responses at period 1 to, say, 10, but not the contemporaneous part, whereas Stata seems to report from period...

Hi Shane, Not sure if you tried to log a % rate of change, but if you did, it's wrong. Since the rate of change is defined as "P(t)/P(t-1)-1," you should consider adding back 1 and log it, which will become "log(P(t))-log(P(t-1))" now. Inflation in annual term can't be higher tha...

Hi all, Suppose two variables, X and Y, both of which are I(1) variables but not cointegrated. Hence, I difference them, and specify a VAR(p) model, where p can be chosen by AIC or SIC, if you'd like. Since I'm interested in the interaction between them, I'd ignore responses of each to a shock to it...

Hi Lau, You should first read any econometrics textbook coz how you should go about it depends on data and sometimes it's very hard to make a judgement call without having a firm foundation on econometrics, but I can at least outline what you should be doing: 1. check if your variables are I(1) seri...

Hi, I've got three I(1) series, each of which is reported to have a unit root with no drift nor trend. Nevertheless, Johansen's testing procedure (both trace and max-eigenvalue tests) indicates 3 cointegrating relations when specified with a drift in CE and 2 without it. I know it can hardly be the ...

Hi, Being not familiar with your 4 variables, I can't tell you much about the result, but it looks strange that a differenced term is entered into CE and as a result that the twice-differenced term of that variable appears in the equation. Are all your 4 variables I(1), including d(ASA)? Even if it ...

read this: Maximum eigenvalue versus trace tests for the cointegrating rank of a VAR process (Helmut Lüutkepohl, Pentti Saikkonen, Carsten Trenkler) The Econometrics Journal Volume 4, Issue 2, pages 287–310, December 2001
Hope it helps.

This is working beautifully.
Thanks Gareth!!

Hi all, I wrote the code posted below, and seems to be working ok, except that the number of lags, which is needed to be specified as follows: grp.coint(s,numlag) Here I want numlag to be called from the matrix "vl" but it only takes the default value 4, even with the code written as below...

Thanks startz. That was why!

Hi, I've been using Eviews for years but new to programming. I've obtained a code from this forum and modified as follows: %file = "C:\Desktop\MyData.xls" wfopen(page=ALL) %file for %s MO AXP BMY CSX CSC CAG COP DOW DD FE GIS HIG HPQ HON IBM IP KFT MCD MET NWS SWY SPG TGT KR TWX UNP WMT DI...