Re: [Gretl-devel] VECM restrictions once again
Allin Cottrell schrieb:
Hello all,
I've been spending time on this topic lately. The current target
is for gretl to support:
Great to hear that, I appreciate it very much.
...
We're getting close. We've implemented both a limited-memory BFGS
optimizer and the Boswijk-Doornik switching algorithm. On current
evidence the latter seems preferable.
So this would prove their claims correct?
The final "restrict" command produces nice results. But
what has
gone wrong in the previous case? Clearly the automatic initial
values computed by gretl were bad. But can anyone test this
against other software and see if the competition gets it right?
That would be very helpful.
I would, but I will be traveling the next 2-3 weeks.
-sven