Re: [Gretl-users] VECM alpha restrictions
On Tue, 11 Jan 2011, Riccardo (Jack) Lucchetti wrote:
On Tue, 11 Jan 2011, Allin Cottrell wrote:
> Part of my motivation for the switch was that if you give a
> restriction such as "a[1] = 0" (with a single index) this means
> that all EC coefficients in equation 1 are restricted to zero, or
> variable 1 is weakly exogenous. And it seemed more intuitive that
> if you give just one index it should be read as the leading one,
> not the trailing one.
This makes good sense, but does it warrant a compatibility breakage? I'm
with Sven on this one.
OK, thanks, time to revert! This will go into CVS before long.
Allin