Bookmark and Share

Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.


[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Re: st: Wald test on beta coefficients of VECM


From   Maarten Buis <[email protected]>
To   [email protected]
Subject   Re: Re: st: Wald test on beta coefficients of VECM
Date   Tue, 15 Oct 2013 15:00:22 +0200

Isn't that coefficient already constrained to 1? The error message
would then be a bit confusing, but it would make sense that you would
not be able to test that constraint.

Hope this helps,
Maarten


On Tue, Oct 15, 2013 at 2:37 PM, Vanessa Gunnella
<[email protected]> wrote:
> Dear Maarten, thanks for your suggestion. Unfortunately, I cannot make it work.
> I added the option -coeflegend- to the -vec- command and it gives me the following legend:
>
>
>   beta |      Coef.  Legend
> -------------+----------------------------------------------------------------
> _ce1         |
>          deR |          1  _b[_ce1:deR]
>          der |          0  _b[_ce1:der]
>       deinfl |   2.768362  _b[_ce1:deinfl]
>       deogap |   -1.43199  _b[_ce1:deogap]
>        _cons |  -10.52718  _b[_ce1:_cons]
> -------------+----------------------------------------------------------------
> _ce2         |
>          deR |  -2.78e-17  _b[_ce2:deR]
>          der |          1  _b[_ce2:der]
>       deinfl |  -.3931947  _b[_ce2:deinfl]
>       deogap |  -1.581206  _b[_ce2:deogap]
>        _cons |  -4.697086  _b[_ce2:_cons]
>
> Hence, I tried with
>
> test (_b[_ce1:deR]==1)
>
> but it gives me the error:
> "equation _ce1 not found"
>
>
>
> *
> *   For searches and help try:
> *   http://www.stata.com/help.cgi?search
> *   http://www.stata.com/support/faqs/resources/statalist-faq/
> *   http://www.ats.ucla.edu/stat/stata/



-- 
---------------------------------
Maarten L. Buis
WZB
Reichpietschufer 50
10785 Berlin
Germany

http://www.maartenbuis.nl
---------------------------------
*
*   For searches and help try:
*   http://www.stata.com/help.cgi?search
*   http://www.stata.com/support/faqs/resources/statalist-faq/
*   http://www.ats.ucla.edu/stat/stata/


© Copyright 1996–2018 StataCorp LLC   |   Terms of use   |   Privacy   |   Contact us   |   Site index