Re: [Gretl-users] VAR roots plot
On Mon, 23 Jan 2006, Sven Schreiber wrote:
>> Any adjective you use in this context is rather arbitrary.
The word
>> "exogenous" may mean at least 4 different things in the econometrics
>> literature, so my very personal preference is for using it as
>> sparingly as
>> possible, unless the context makes what I mean very clear. But others may
>> disagree.
In this context "deterministic" seems wrong, because you can add any variable
you like. "Exogenous"
may not be precise, but at least it's correct. So I think john w is right and it
should be changed
(that way it's also consistent with the vecm formulation).
Well, as the Brits say, "you can, but you may not"! Anyway, if the word
"dterministic" is perceived as (potentially) misleading, that's a
good enough reason to change it IMO.
Allin?
Riccardo `Jack' Lucchetti
Dipartimento di Economia
Università Politecnica delle Marche
jack(a)dea.unian.it
http://www.econ.univpm.it/lucchetti