Non-linear equation
Posted: Sun Jul 27, 2014 11:09 am
Hello, I'm quite new to EViews and currently have an issue. Can someone tell me how one can do the Peterson(2007) Non-linear Taylor rule in EViews? One of the steps involves applying the smooth-transition regression model in order to capture for non-linearity in the rule used by the federal reserve, but I'm not quite sure how to carry out the whole procedure in EViews. Your help will be much appreciated, many thanks.