Re: [Gretl-devel] GARCH with Exogenous Variables

On Mon, 1 Nov 2010, Henrique Andrade wrote: Dear Riccardo, > > I'm trying the following command (with daily data): > > include gig.gfn > list X = const l_crb l_cds l_camb_us l_difjur > list Z = const dummy_iof > matrix results = garchTFit(l_camb,1,1,X,Z) > gig_print(results) > > And I'm getting these results: > > Model: GARCH(1,1) [Bollerslev] (Student's t) > Sample size: 1148 observations, VCV method: Robust > > ************************************************* > * ESTIMATION FAILED (Sorry!) * > * Error code = 33 * > ************************************************* > > What does "Error code = 33" mean? > BFGS failed to find a maximum. Yeah, I know. Error messages is one of the things to do. Riccardo (Jack) Lucchetti Dipartimento di Economia Università Politecnica delle Marche r.lucchetti(a)univpm.it http://www.econ.univpm.it/lucchetti _______________________________________________ Gretl-devel mailing list Gretl-devel(a)lists.wfu.edu http://lists.wfu.edu/mailman/listinfo/gretl-devel