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Hi. I am trying to forecast some variables (i.e. LRGDP etc.) which are used in logs. So, i run the VAR/VEC and i follow the steps (i.e. proc, make model etc...)

If i run the model from the start with "real" values (such as $) in order for the farecasts to be in $ too, then I obvliously will have biased results...

Although I Know how to apply the forecasting procedure, my problem is that i want the forecasting values to be in USD and not in logs!

Can you please help me how can I generate values in $, in case the employed data which are used to run the VAR are in logs?

Thank you in advance.

The model will solve for X, even if the equation specification has log(X).

Thank you for the immediate anwer!

However, the employed data were transformed in logs from the excel and inserted in eviews as "foreign data". When I run the forecasts for the relevant forecasting period (i.e. 2012-2020) the generated data are still in logs!!!

I would be much obliged if you could expand on your answer indicating the necessary steps (after the VAR model calculation with an emphasis on the forecasting steps) because I am in the dark..in order to help you understand my problem I run the following steps: proc, make model, solve, solution sample:2012 2020, ok.

The generated values at "_0" are still like.... "1.12, 1.36 etc." which I assume are "the log forecasts"...I would expect them to be like... 564,654,598.65 (in $)

Thank you for the patience.

Thank you very much for the help! I found the mistake...it was just what you suggested...I guess i need a break!!