Dynamic Forecasting
Posted: Thu Jul 28, 2011 9:36 am
Hello:
How can i do a dynamic forecasting of an equation of the form: Y_t=a+bX_t +Y_t-1? I have an equation like that and i want to do a dynamic forecast but the eviews options in the forecast button says: Static Forecast(no dynamics in equation) and doesnt give me the option of a dynamic forecast.
How can i do a dynamic forecasting of an equation of the form: Y_t=a+bX_t +Y_t-1? I have an equation like that and i want to do a dynamic forecast but the eviews options in the forecast button says: Static Forecast(no dynamics in equation) and doesnt give me the option of a dynamic forecast.