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Illegal lag specification

Posted: Tue Jan 05, 2010 11:14 pm
by shalu
When I run the VAR model in eviews.( i have three variables) liquidity, volatility and return. the SIC crietrion suggests 5 lags but whenever i put any odd number of lags in VAR model it says "illegal lag specification"...
but when i put lag length as 2,4,6 it runs...
can any one suggest what do i do...

Re: Illegal lag specification

Posted: Wed Jan 06, 2010 8:03 am
by startz
I think you need to specify lags in pairs.

Re: Illegal lag specification

Posted: Tue Apr 16, 2013 1:54 pm
by d.thomas
i.e. "1 1" rather than just "1" should work