Forecasting with Single Independent Variable
Posted: Fri May 25, 2012 8:29 am
Hi All,
I'd like to know whether it is possible to use forecasting of Eviews if the reg. model has the lag(1) of the dependent variable.
Looks like..
X = c + trend + X(1) + e
For instance, I am using euro as my dependent variable and I want to use lag(1) of euro (no unit root) as independent variable with trend and coefficient.
I have tried on Eviews but unfortunately couldn't succeeded. If you can briefly inform me, it will be appreciated. Thanks in advance.
Regards,
I'd like to know whether it is possible to use forecasting of Eviews if the reg. model has the lag(1) of the dependent variable.
Looks like..
X = c + trend + X(1) + e
For instance, I am using euro as my dependent variable and I want to use lag(1) of euro (no unit root) as independent variable with trend and coefficient.
I have tried on Eviews but unfortunately couldn't succeeded. If you can briefly inform me, it will be appreciated. Thanks in advance.
Regards,