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Variables limitation in VAR models

Posted: Mon Apr 04, 2016 10:53 am
by Roman
Hi Guys,

There is a limitation of 30 endogenous variables for VAR models (including BVAR). Is there a way to turn that off ?
If not, what do you recommend to overcome that ?

Thank you.

Regards,

Roman

Re: Variables limitation in VAR models

Posted: Mon Apr 04, 2016 11:04 am
by EViews Gareth
It cannot currently be turned off. We will look into expanding it for future versions.

Re: Variables limitation in VAR models

Posted: Mon Apr 04, 2016 12:46 pm
by Roman
Hi Gareth,

Thanks for prompt reply. It is quite urgent for me to have that feature.
Do you think you could release this feature in a patch ?

Re: Variables limitation in VAR models

Posted: Mon Apr 04, 2016 12:56 pm
by EViews Gareth
No.

If you're just interested in simple VAR estimation, you could estimate in a system.

Re: Variables limitation in VAR models

Posted: Mon Apr 04, 2016 1:31 pm
by Roman
Unfortunately it is the BVAR I am interested in (need to shrink the system).
The only alternative that I see is calling R functions from the MSBVAR package...

Re: Variables limitation in VAR models

Posted: Mon Apr 04, 2016 2:15 pm
by EViews Gareth
Yep.