EViews.com

Posted: **Sun Jun 30, 2024 10:39 am**

Hi everyone, I'm currently demoing EViews 14 to check out the asymmetric IRFs feature in the new local projections environment.

I've been trying to run the code below, but EViews suddenly closes every time I run it. What I want to do is generate an asymmetric IRF for var1 to var5 by estimating a sequential LP from externally identified shocks shocka to shockd. The categorical variable I'm using is pos_shocka to pos_shockc which is equal to 1 if the shock variable is positive and 0 otherwise.

Code: Select all


	for %y var1 var2 var3 var4 var5
		for %z shocka shockb shockc
			smpl 2002 2023 if {%y} <> na
			var lp_{%y}_{%z}.ls 1 2 {%y} shock_{%z} @ c @trend
			freeze(gr_{%y}_{%z}) lp_{%y}_{%z}.impulse(irtype=lp, hrz=12, hac, lag=a, infosel=irhorizon, asym=pos_{%z}) {%y} @imp {%z}
		next	
	next

Would appreciate any response to this thanks!

Posted: **Sun Jun 30, 2024 10:45 am**

Hi!

Can you provide the workfile you're using for the program? It would help in figuring out the issue.

Posted: **Sun Jun 30, 2024 11:13 am**

Hi Mirza, I've attached the workfile for your reference.

I think I've found the issue. If I keep the responses in default, the IRFs will be calculated:

Code: Select all


for %y var1 var2 var3 var4 var5
	   for %z shocka shockb shockc
			smpl @first @last if {%y} <> na
			var lp_{%y}_{%z}.ls 1 2 {%y} {%z} @ c @trend
			freeze(gr_{%y}_{%z}) lp_{%y}_{%z}.impulse(irtype=lp, imp=nonort, hrz=20, hac, lag=a, infosel=irhorizon, asym=pos_{%z}) @imp {%z}
		next	
next

However, if I only choose which responses I'd like to see, that's when the program crashes:

Code: Select all


for %y var1 var2 var3 var4 var5
	   for %z shocka shockb shockc
			smpl @first @last if {%y} <> na
			var lp_{%y}_{%z}.ls 1 2 {%y} {%z} @ c @trend
			freeze(gr_{%y}_{%z}) lp_{%y}_{%z}.impulse(irtype=lp, imp=nonort, hrz=20, hac, lag=a, infosel=irhorizon, asym=pos_{%z}) {%y} @imp {%z}
		next	
next

Posted: **Sun Jun 30, 2024 11:16 am**

This helps tremendously! We'll get a fix ready as soon as possible.

Thanks!

Posted: **Tue Jul 02, 2024 9:43 am**

The issue has been resolved. You can expect the fix to be available with our next EViews 14 patch.

EViews.com

Local Projections in EViews 14

Local Projections in EViews 14

Re: Local Projections in EViews 14

Re: Local Projections in EViews 14

Re: Local Projections in EViews 14

Re: Local Projections in EViews 14