Eviews VAR Forecasting Trick

Eviews VAR Forecasting Trick

We try to forecast the CPI.

Eviews VAR Forecasting Trick

This is our database.

We have CPI, GSCPI, UNRATE and OilPrice.

We choose the CPI and Global Supply Chain Pressure Index (GSCPI).

We dont change the range 2000M01 2024M04

This is Restricted VAR Model.

Estimation sample range is 2000M01 2023M12

We now change the resize of the range. We add two months more the our dataset.

Proc-Make Model

Solve

First, deterministic type and solution sample range is 2024M05 2024M06

This gives us the cpi_0.

Now, stochastic type and solution sample range is 2024M05 2024M06

This gives us the cpi_1m.

Engin YILMAZ ( @veridelisi)