Plotting Xt against Xt-1

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segan86
Posts: 4
Joined: Wed Nov 17, 2010 1:00 pm

Plotting Xt against Xt-1

Postby segan86 » Mon Mar 07, 2011 3:47 am

Hi,

I am looking at unemployment figures and have fitted a ARMA model to the data. I need to plot the residuals with the y axis as "xt" and the x axis as "xt-1". Any idea how I would go about doing this, I can't seem to get it to work out.

Thanks.

segan86
Posts: 4
Joined: Wed Nov 17, 2010 1:00 pm

Re: Plotting Xt against Xt-1

Postby segan86 » Mon Mar 07, 2011 6:42 am

Meant to add that I am using Eviews 6 and also I assume it is a lag plot that I am trying to create

EViews Gareth
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Re: Plotting Xt against Xt-1

Postby EViews Gareth » Mon Mar 07, 2011 8:51 am

Create a group with RESID and RESID(-1) in it. Then graph the group with an XY graph.

segan86
Posts: 4
Joined: Wed Nov 17, 2010 1:00 pm

Re: Plotting Xt against Xt-1

Postby segan86 » Mon Mar 07, 2011 9:00 am

Thank you for your reply.

Pardon my ignorance, but how do i create a RESID(-1) series - can I do this in Eviews or do I need to do it in Excel and import the data?

EViews Gareth
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Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Plotting Xt against Xt-1

Postby EViews Gareth » Mon Mar 07, 2011 9:02 am

You don't need to "create" it. When you create the group and need to list the series you want in the group, just enter "RESID" and "RESID(-1)"

segan86
Posts: 4
Joined: Wed Nov 17, 2010 1:00 pm

Re: Plotting Xt against Xt-1

Postby segan86 » Mon Mar 07, 2011 10:11 am

Thanks, that worked perfectly.


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