PMG/ARDL fails to run/produces error
Posted: Wed Mar 25, 2020 8:05 am
Dear everyone,
I am new to Eviews, and I have recently moved to home office (as most of us I guess).
I am analyzing real estate prices using panel data for a number of years/countries. It has been working fine at work (with a paid licence). I am using a demo version of Eviews 11 at home. That's when my PMG/ARDL estimation stopped working.
When I upload my data file, the data are recognized by Eviews as a panel (s. capture). But when I choose "Quick -> Estimate Equation -> PMG/ARDL" I get this error message: "log(hpi) is not defined". Other methods of equation estimations DO WORK. I need to run a PMG/ARDL though, because my variables are non-stationary (house prices, income, population).
I have tried everything I could think of. Nothing helps. Is this because I'm using a demo version? Hope someone could help.
Best
Kate
I am new to Eviews, and I have recently moved to home office (as most of us I guess).
I am analyzing real estate prices using panel data for a number of years/countries. It has been working fine at work (with a paid licence). I am using a demo version of Eviews 11 at home. That's when my PMG/ARDL estimation stopped working.
When I upload my data file, the data are recognized by Eviews as a panel (s. capture). But when I choose "Quick -> Estimate Equation -> PMG/ARDL" I get this error message: "log(hpi) is not defined". Other methods of equation estimations DO WORK. I need to run a PMG/ARDL though, because my variables are non-stationary (house prices, income, population).
I have tried everything I could think of. Nothing helps. Is this because I'm using a demo version? Hope someone could help.
Best
Kate