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BVAR make model

Posted: Thu Sep 04, 2014 7:32 am
by tvpvar
Dear EViews Mods,
Using the attached workfile, I estimated a BVAR and created a model object with the intention of using the model for forecasting. I used the following commands:

Code: Select all

smpl @all var mvar.bvar(prior=lit, initcov=full, l1=0.1, l2=0.1, l3=0.5) 1 1 y d(p) d(i) mvar.makemodel(mod)
However, upon checking the model object, it seems that only the coefficients for the 1st equation are saved in the model object while the coefficients for the 2nd and 3rd equations are all equal to 0. Can anyone help me figure out why this is the case? Thanks!

Re: BVAR make model

Posted: Thu Sep 04, 2014 7:37 am
by tvpvar
Just an update, I tried estimating the BVAR and creating the model object using the drop-down menus. When I name the BVAR object before creating the model, the same problem occurs. However, when I let the BVAR object remain unnamed, all the coefficients in the BVAR are copied in the model object. So I guess the error is due to the naming of the BVAR object. Is there a way of estimating the BVAR through the command line without having to name it so that I can work around this bug?

Re: BVAR make model

Posted: Thu Sep 04, 2014 8:17 am
by EViews Gareth
What's the build date of your copy of EViews (Help->About EViews)

Re: BVAR make model

Posted: Thu Sep 04, 2014 8:27 am
by tvpvar
It's as of Jun 19 2013. I saw a previous post which had the same problem and all I need is to update to the latest build. However, I'm using EViews from the university's library and updating is disabled. I've already emailed our IT office regarding this matter but I guess it will take some time before they update it for the university's entire network.