Alright. We all hope to see our dear Gretl with SVECM gui as promised soon. 

Thanks to you all. 


On Tue, Nov 27, 2018, 11:33 AM Sven Schreiber <svetosch@gmx.net wrote:
Am 27.11.2018 um 10:37 schrieb Yusuf Abduwahab Hassan:
There is an excellent two page crash course in the documentation of the SVAR addon package. 

I was wondering if Timmy was actually aware of the SVAR addon. I have repeatedly heard from users who thought gretl could still only deal with plain Choleski SVARs, and it wasn't quite clear to me from his message to which part of gretl he was referring to.

In the documentation, it is stated that the SVEC case will receive its own GUI in a future version of the SVAR package however the authors recommend using the script interface to access the full capabilities of the SVAR package.

As the second author of the SVAR addon I agree we should try to deliver on the promise of some GUI wrapping in that area.


On Tue, 27 Nov 2018 at 13:52, Olasehinde Timmy <timmexdareal@gmail.com> wrote:
Dear Professors, 

I am glad to inform you that Gretl is gaining more ground in my country Nigeria nowadays. However, I will like to make few suggestions to add to its usefullness.
Thanks, that's good to hear!


I think there is a need to develop a special GUI for SVECM and to support both long and short run restrictions. If possible, it can be linked with the VECM output in order to fetched its estimates from the beta-alpha matrix.

see above


Moreover, I suggest that Gretl should be developed to handle DSGE modeling.

Um, that's probably not going to happen any time soon. I'm glad that also in the DSGE area there is a lot of open-source momentum (keywords Dynare plus Julia or Python). Gretl doesn't have a comparative advantage there, so I don't see the reason for making gretl a DSGE tool.

What's more realistic in terms of missing features would be something like Bayesian VARs which gretl doesn't have, either. (Although personally I tend to be Bayesian only when I really have a subjective prior, and often I --and I think the same goes for many others-- don't. So IMHO another shrinkage/regularization estimator would do just as well.)

cheers,
sven
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