Search found 2 matches
- 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 ...
- 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 ...
