Search found 2 matches

by eallanuy
Wed May 07, 2014 10:42 pm
Forum: Econometric Discussions
Topic: Potential output, the Clark model and State Space Models
Replies: 11
Views: 78639

Re: Potential output, the Clark model and State Space Models

good evening! im new to state space, and i would like to ask the implication if we set the Clark model to the following specification: log_gdp = sv1 + sv2 @state sv1 = sv1(-1) + sv3(-1)+[var=exp(c(1))] @state sv3=sv3(-1) +[var=exp(c(1))] @state sv2 = c(1)*sv2(-1)+c(2)*sv4(-1)+[var=exp(c(1))] @state ...
by eallanuy
Mon Apr 22, 2013 2:50 am
Forum: Econometric Discussions
Topic: VERY LARGE z-statistics in STATE SPACE
Replies: 0
Views: 2030

VERY LARGE z-statistics in STATE SPACE

what are the implications of a very large z-statistics? are there any solutions? Sspace: UNTITLED Method: Maximum likelihood (Marquardt) Sample: 1981Q1 2012Q4 Included observations: 128 Convergence achieved after 42 iterations Coefficient Std. Error z-Statistic Prob. C(1) 180.1497 6134.420 0.029367 ...

Go to advanced search