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Error 8 in encrypted program
Posted: Thu Jan 14, 2021 10:53 am
by hugovpr
Hello all,
I am sort of new to Eviews but have some time series background. For now, I am doing a standard VAR. Nevertheless, given that I have a relatively small sample for a VAR(2), the non-normality assumption is not satisfied. Given that, I am trying to use the "Killian-Bias Adjusted Bootstrap Add-in" to adjust my standard errors. Nevertheless, when I press "Proc" on my VAR estimation to use the mentioned add-in, I am getting the following error:
"Error 8 in encrypted program"
I would highly appreciate if anybody could tell what error I am having and, if possible, how to fix it so I can bootstrap my standard errors.
Thank you very much!
Hugo
My Eviews version is 11Univ
Re: Error 8 in encrypted program
Posted: Fri Jan 15, 2021 6:44 am
by dakila
Please send me your data. Next time, you should ask question on the Kilian add-in thread
Re: Error 8 in encrypted program
Posted: Fri Jan 15, 2021 9:27 am
by hugovpr
Dear Mr. Dakila,
Here it is.
Thank you,
Hugo
Re: Error 8 in encrypted program
Posted: Fri Jan 15, 2021 9:28 am
by hugovpr
Though I tried multiple datasets and the problem persists
Re: Error 8 in encrypted program
Posted: Fri Jan 15, 2021 3:49 pm
by dakila
Please describe the specification of VAR model.
Re: Error 8 in encrypted program
Posted: Sat Jan 16, 2021 2:43 pm
by hugovpr
Please find attached
Re: Error 8 in encrypted program
Posted: Sat Jan 16, 2021 2:49 pm
by hugovpr
Also, find exactly of the error
Thanks!!
Re: Error 8 in encrypted program
Posted: Sat Jan 16, 2021 4:22 pm
by dakila
You should create variables before the estimation. For example:
Code: Select all
series dlogexpec= dlog(expecnominal)
or
series dlogexpec=d(logexpecnominal)
Do not use expression such as log and difference.
Re: Error 8 in encrypted program
Posted: Sun Jan 17, 2021 9:06 am
by hugovpr
But when I put fedfundsfuture (variable already in the system), I keep getting the same error
Re: Error 8 in encrypted program
Posted: Sun Jan 17, 2021 10:38 am
by dakila
Just put one variable in the impulse variable box. if you upgrade your Eviews 11 to Eviews 12 there is built-in procedure of Kilian bootstrap.
Re: Error 8 in encrypted program
Posted: Sun Jan 17, 2021 11:37 am
by hugovpr
Yes, I am putting one variable at a time given that "impulse" is written in singular but still keep getting the error. This week I will try to update my Eviews
Re: Error 8 in encrypted program
Posted: Mon Jan 18, 2021 2:04 am
by dakila
The following code works for me:
Code: Select all
series dlogexpecnominal=dlog(nominexch)
series dlogsp500=dlog(s_p500_index)
series expecinflation=inflation_surprise
var01.ls 1 2 dlogexpecnominal dlogsp500 expecinflation fedfundsrate
var01.impulse(48, se=a) @imp fedfundsrate
var01.kilian fedfundsrate
Re: Error 8 in encrypted program
Posted: Tue Jan 19, 2021 7:13 am
by hugovpr
No, I keep getting the same error
Re: Error 8 in encrypted program
Posted: Tue Jan 19, 2021 7:29 am
by hugovpr
Is there any manual or something related? I just want to know exactly what the error means so I can fix the issue