pmg/ardl trend specification

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ThomasHW
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Joined: Thu Aug 11, 2016 2:20 am

pmg/ardl trend specification

Postby ThomasHW » Thu Aug 11, 2016 2:40 am

When doing pmg/ardl estimation in eviews 9 I get the same results when using trend specification options 'restricted linear trend' or 'none' whereas results should be different; when I choose 'unrestricted constraint' I get results with a time trend, whereas I would expect fixed effects and no trend. This looks like a program error, or do I misread the menu; the eviews manual does not address these points ?

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