The three model selection options, Local Level, Local linear Trend and
Basic structural Model all appear to give the same parameter estimates if
the same combination of options regarding irregular, trend and slope are
selected . Is this to be expected? If so, why the need to differentiate
the three model types?
Brian
Brian J Revell
Professor Emeritus
Agricultural and Food Economics
Harper Adams University
Newport
Shropshire TF10 8NB
Tel 01952 815237
Tel: +44 1952 728153
Mbl +44 7976 538712
University: +44 1952 815235
alt: email: bjrevell(a)harper-adams.ac.uk