Method Dynamic and Static on Forecast

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anhkhoa_lpt
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Joined: Thu Sep 29, 2011 8:28 pm
Location: Vietnam

Method Dynamic and Static on Forecast

Postby anhkhoa_lpt » Tue Oct 11, 2011 9:47 am

On Procs/Forecast, there are two options to select. There are Dynamic and Static. What diffirent between them ? thanks a lot :D
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EViews Gareth
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Re: Method Dynamic and Static on Forecast

Postby EViews Gareth » Tue Oct 11, 2011 9:49 am

There's a good description in the manual, but basically, a static forecast uses the true value of Y(-1), and a dynamic forecast uses the forecasted value of Y(-1).
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