The following code from the Evievs 8.0 Help does not work:
Code: Select all
system macro1
macro1.append cons=c(1)+c(2)*gdp+c(3)*cons(-1)
macro1.append inv=c(4)+c(5)*tb3+c(6)*d(gdp)
macro1.append gdp=cons+inv+gov
macro1.append inst tb3 gov cons(-1) gdp(-1)
macro1.gmm
show macro1.results
"gdp=cons+inv+gov" is not a valid equation for this system/model - identities not allowed in "DO_MACRO1.GMM"
May I add identity to the system object (may be there is a mistake in Eviews 8.0 Help) ?
Sincerely,
Dauren
