pmg/ardl trend specification
Posted: Thu Aug 11, 2016 2:40 am
When doing pmg/ardl estimation in eviews 9 I get the same results when using trend specification options 'restricted linear trend' or 'none' whereas results should be different; when I choose 'unrestricted constraint' I get results with a time trend, whereas I would expect fixed effects and no trend. This looks like a program error, or do I misread the menu; the eviews manual does not address these points ?