E-views model Simulator: the statistical meaning of the resulting forecasts

For technical questions regarding estimation of single equations, systems, VARs, Factor analysis and State Space Models in EViews. General econometric questions and advice should go in the Econometric Discussions forum.

Moderators: EViews Gareth, EViews Moderator

aartemenkov
Posts: 3
Joined: Thu Jun 10, 2021 1:01 pm

E-views model Simulator: the statistical meaning of the resulting forecasts

Postby aartemenkov » Mon Jun 14, 2021 12:50 am

Dear E-views forum participants, I have a question about the statistical properties of the Equation Simulator in E-views. When I develop a dynamic out-of-sample forecast and get its graph, what does the Simulator do? What results, Is it a one-off simulation for the forecast, or some mean across the multitude of obtained simulations having regard to different white noises for the error term and the beta coefficients of the equation?

I need to get an ouput in the form of about 100 simulations for the forecast, and have their mean, in order to split the forecast into the trend and cycle, how can I achieve that with the Eviews simulator. True, it has an Alternative scenarios tab, but it probably can only handle just a few alternative forecasts.
Will appreciate any reply,
Regards,
Andrey Artemenkov

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 12908
Joined: Tue Sep 16, 2008 5:38 pm

Re: E-views model Simulator: the statistical meaning of the resulting forecasts

Postby EViews Gareth » Mon Jun 14, 2021 6:52 am

How do you want the simulations to differ from each other?
Follow us on Twitter @IHSEViews


Return to “Estimation”

Who is online

Users browsing this forum: No registered users and 18 guests