PMG questions
                                
                                
                                
                                    
                                        by lars.ahnland@outlook.com
                                    
                                
                                
                                        Hi! I just downloaded and tested the PMG package. Great stuff, thanks for that! I would like to know what "loading" variable is? I would guess it is the short-run adjustment speed of adjustment/error correction parameter, is that correct? Also, how is the reduced-form model calculated? Are only lags of the independent variables used here?
Best regards,
Lars