Problem when using msvar model,need help
Posted: Wed Jul 28, 2021 8:23 pm
Hi, I'm running a msvar model about Japanese economics and now I'm facing some problems that I don't know how to solve.
If I set c as exogenous variables and probability regressor, since there are so many 0 in c, the regime probabilities will keep a certain state instead like P(S(t=1)=0 and P(S(t=2)=1, unlike the sample given by Eviews. I want to know how to solve this problem.
If I set c as exogenous variables and probability regressor, since there are so many 0 in c, the regime probabilities will keep a certain state instead like P(S(t=1)=0 and P(S(t=2)=1, unlike the sample given by Eviews. I want to know how to solve this problem.