A Question about Forecasting
Posted: Mon May 27, 2013 4:11 am
I have used my data from 1997 to 2012 to estimate the following structural model:
Yt = Beta1 + Beta2*Xt
If I want to forecast the value of Y in the next period (Yt+1), is there any function in EViews to do that?
I understand that I need to know the value of X in the period t+1 first. But does EViews have a build-in function to automatically forecast Xt+1 for me and then forecast Yt+1?
Thank you very much for your help in advance! Any suggestion is deeply appreciated.
Yt = Beta1 + Beta2*Xt
If I want to forecast the value of Y in the next period (Yt+1), is there any function in EViews to do that?
I understand that I need to know the value of X in the period t+1 first. But does EViews have a build-in function to automatically forecast Xt+1 for me and then forecast Yt+1?
Thank you very much for your help in advance! Any suggestion is deeply appreciated.