arima for daily data

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marijask
Posts: 1
Joined: Mon Feb 17, 2014 2:25 pm

arima for daily data

Postby marijask » Mon Feb 17, 2014 3:20 pm

Hi, Im new in eviews and need a help for forecasting daily data with arima (univariate model for CiC).
What should I do first? create a dummy variables (for day of the week, months, moving holidays seasonalities), and than specify the arima and make a model?
Is there any code in eviews for such arima model for daily data?
Thnx in advance

BobJ
Posts: 14
Joined: Wed Nov 19, 2008 11:36 pm

Re: arima for daily data

Postby BobJ » Mon Apr 14, 2014 5:41 am

You would do ARMA modelling similarly to the way you'd do it with data at other frequencies. Box-Jenkins identification (using autocorrelation and partial autocorrelations) to select the optimal ARMA model and then you estimate the chosen model.There's no specific code for that in eviews. You have to it manually.


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