Rho values for Chow-Lin interpolation method

[sunlee1340]

Hello,

I am trying to use the built-in Chow-Lin interpolation function. I would greatly appreciate if anyone could advise on the following question:

What happens when I don't enter the value of rho into the function? My guess is that Eviews uses MLE to estimate the value of rho, but could not find the information in the manual. If there IS a value of rho entered, does Eviews take the value as fixed, or is it used as an initial point for the estimation?

Thank you very much!

[EViews Rebecca]

MLE is used if no rho is provided. While this is mentioned in the docs, I'll add a clarifying statement.

Any value of rho provided is treated as fixed.

[sunlee1340]

Thank you very much for your clarification!