Dynamic forecast

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niels
Posts: 14
Joined: Mon Nov 10, 2008 1:30 am

Dynamic forecast

Postby niels » Tue Dec 09, 2008 3:22 pm

I have a question concerning the forecast options in Eviews. After estimating a VEC-model I want to make the following forecasts: 1) For the forecast period I want to use ex ante values for only one of the variables in the system (the endogenous variable) and ex post values for the rest (exogenous) and 2) ex ante values for all variables. According to the Eviews Help Topics, dynamic forecasting should solve 1). When I solve the model by using the dynamic solution I expected to see the ex post values in the forecast series for the variables except the one where the ex ante values are used. But that is not the case for the forecast period. How can that be ? Is there any alternative ?

Regards Niels

niels
Posts: 14
Joined: Mon Nov 10, 2008 1:30 am

Re: Dynamic forecast

Postby niels » Wed Dec 10, 2008 1:41 pm

I have solved the problem. In the Solve Model I can select which equations are exogenous (click on the VEC-equation and a box named Properties shows up. Under endogenous it is possible to assign which variables are exogenous for a specific period.). Afterwards I run the forecasts. Perfect, but, now I would like to run a program which performs exactly the same forecast. So, my question is how to solve the model when all variables except one is exogenous. I would be very happy if someone can give me an advice.

Niels


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