Greetings,
I need help with estimating the output gap using multivariate HP Filter. I want to extend the simple univariate HP filter with output-inflation relationship. But I am not sure how to code this on Eviews.
multivariate hp filter
Moderators: EViews Gareth, EViews Jason, EViews Moderator, EViews Matt
multivariate hp filter
Last edited by ndzama on Sat Dec 23, 2023 10:22 am, edited 1 time in total.
Re: multivariate hp filter
Greetings,
I have tried to figure out the program for multivariate HP Filter. When I try to run the code I get this error message:
APPEND@STATE is not a valid view for HP_MOD_SA in
"HP_MOD_SA.APPEND@STATE TREND11=C(1) +
TREND11(-1)+ETA_TREND11" on line 48.
I do not understand why the message says "Append is not valid"
kindly assist. I have attached the data used and the program.
I have tried to figure out the program for multivariate HP Filter. When I try to run the code I get this error message:
APPEND@STATE is not a valid view for HP_MOD_SA in
"HP_MOD_SA.APPEND@STATE TREND11=C(1) +
TREND11(-1)+ETA_TREND11" on line 48.
I do not understand why the message says "Append is not valid"
kindly assist. I have attached the data used and the program.
- Attachments
-
- QGDP_HPF.xls
- (57 KiB) Downloaded 139 times
-
- mvr_hpf.prg
- (3.27 KiB) Downloaded 158 times
Last edited by ndzama on Sat Dec 23, 2023 10:22 am, edited 1 time in total.
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Re: multivariate hp filter
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Re: multivariate hp filter
Dear Gareth,
I have a problem with this error when I try to run the multivariate HPF.
Invalid lags or leads for state variables in signal equation
"@SIGNAL INFL_SA = C(1) +INFLEX_SA+ C(2)*GAP+C(3)*GAP(-1)+EPS_INFL_SA" in "HP_MOD_SA.ML" on line 1. This equation is the Philips curve, the inflation is expressed as the function of expected inflation, current and lagged output gap.
Kindly assist.
I have attached the code and programme.
I have a problem with this error when I try to run the multivariate HPF.
Invalid lags or leads for state variables in signal equation
"@SIGNAL INFL_SA = C(1) +INFLEX_SA+ C(2)*GAP+C(3)*GAP(-1)+EPS_INFL_SA" in "HP_MOD_SA.ML" on line 1. This equation is the Philips curve, the inflation is expressed as the function of expected inflation, current and lagged output gap.
Kindly assist.
I have attached the code and programme.
- Attachments
-
- QGDP_HPF.xls
- (57 KiB) Downloaded 131 times
-
- mvr_hpf.prg
- (8.07 KiB) Downloaded 134 times
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