In estimating the ARDL model, we select the trend specification. In the current version (9), there are four options to choose from:
1) None
2) Rest. constant
3) Unrest. constant
4) Rest. linear trend
My question is about option 4) Rest. linear trend . When selecting this option, it gives the estimated long-run relationship without the constant. I would like to have both the constant and the trend in the estimated long-run relationship. Any idea why there is no constant in this case? I remember that the constant and the trend were both available in option 4 in the Beta version 9.
Thanks,
Sal
ARDL Model
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EViews Gareth
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Re: ARDL Model
That option is not currently available.
Re: ARDL Model
Thank you for the quick response. Do you know if this option will be available in the coming updates?
Thanks,
Sal
Thanks,
Sal
Re: ARDL Model
Technical question. What is the maximum number of lags to use in the ARDL model for daily data (oil and stock returns)? Any ideas.
Thanks,
Sal
Thanks,
Sal
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