Simple questions on forecasting
Posted: Wed Apr 20, 2011 10:23 pm
Hi All,
I am a newbie to eview 7 and would like to ask a question regarding forecasting.
I put variables A, B, C, D, E into VEC model.
Up to now, I have already got the 1) Normalized cointegration equation and 2) adjustment coefficients from the vector error correction models.
I would like to do a forecasting on the variable A to get the forecasted series of A from the VEC model, referred as A' and compares A' with the actual value of A. What is the correct procedure to do that?
Many thx!
Best Regards
Thomas
I am a newbie to eview 7 and would like to ask a question regarding forecasting.
I put variables A, B, C, D, E into VEC model.
Up to now, I have already got the 1) Normalized cointegration equation and 2) adjustment coefficients from the vector error correction models.
I would like to do a forecasting on the variable A to get the forecasted series of A from the VEC model, referred as A' and compares A' with the actual value of A. What is the correct procedure to do that?
Many thx!
Best Regards
Thomas