Forecasting with ARDL
Posted: Tue Sep 13, 2016 6:15 am
Dear Eviews forums,
I am using the ARDL model to forecast let's say the gdp of the eurozone with the following variable
dep : @pcy(eurozonegdp)
indep : @pcy(x1) @pcy(x2) and x3
I use the fit command to do a one-step forecast and was wondering if using the (d) option was a good idea or not? The outpout variable is already in a year-over-year percentage change format and is different from the @pcy(y) I would get from the fit withoput the (d) option. The help file on the (d) option topic is not very comprehensive.
Could someone shed some light on the matter or direct me towards some documentation on the subject if my case is helpless (or both!)
Thanks!
I am using the ARDL model to forecast let's say the gdp of the eurozone with the following variable
dep : @pcy(eurozonegdp)
indep : @pcy(x1) @pcy(x2) and x3
I use the fit command to do a one-step forecast and was wondering if using the (d) option was a good idea or not? The outpout variable is already in a year-over-year percentage change format and is different from the @pcy(y) I would get from the fit withoput the (d) option. The help file on the (d) option topic is not very comprehensive.
Could someone shed some light on the matter or direct me towards some documentation on the subject if my case is helpless (or both!)
Thanks!