not using scenario
Posted: Thu Jul 21, 2011 8:18 am
I am new to eviews and this forum. I have a model which utilizes forecasts from a national model. In theory I should be able to have my equations grab the baseline forecast from the national model (I should also be able to set up alternative scenarios). I have created the model, but it is not using the baseline from the national data. The baseline forecast is in the worksheet along with the historical and alternatvie scenarios. But when I run the model I generate NA for the forecast period.
Mathmatically I have this:
Y=a+bX where X is the national variable. The historical series is X and the baseline forecast is X_0. If I understand correctly I should be able to build my equation as I have stated it. Then when I run the baseline forecast it will use the X_0 series. Is that not correct?
Mathmatically I have this:
Y=a+bX where X is the national variable. The historical series is X and the baseline forecast is X_0. If I understand correctly I should be able to build my equation as I have stated it. Then when I run the baseline forecast it will use the X_0 series. Is that not correct?