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Group Comparison Tools - Adjusting Changes vs. Levels

Posted: Tue Mar 29, 2016 9:17 am
by mrgordon
Hello,

I am using the Group Comparison Tools when overriding series in my models. I am confused by how EViews seems to adjust the levels under certain circumstances, and the changes under other circumstances.

I am using EViews 8 Enterprise 64-bit on Windows 7.

Example:
I am starting with series A and B both = 1.
group1.PNG
Starting point
group1.PNG (26.59 KiB) Viewed 1982 times
If I make changes to @PCHA(A), the series A level increases in that period and continues at that level going forward.
pcha.PNG
@PCHA change
pcha.PNG (31.74 KiB) Viewed 1982 times
If I revert the change, switch to making changes to @PCHY(A), and make a change, the series A level only increases in that specific period.
pchy.PNG
@PCHY change
pchy.PNG (27.34 KiB) Viewed 1982 times
It seems that for @PCHA(A), EViews keeps the change to the level applied through the rest of time, whereas changing @PCHY(A) only alters one time period's level.

Can you please explain why the changes seem to have different impacts? Is there a way to choose the impact? For instance, if I want to change the @PCHY(A) to 1%, but keep the adjusted level of A for the rest of time.

Thank you,

Mike