Re: [Gretl-users] Restrict command after VECM
On Thu, 19 Apr 2012, Artur Tarassow wrote:
Since some while it is possible to do use the name of a variable for
the
'restrict' command after OLS. But this is not the case for the VECM
command. Is there any reason to handle this case differently?
Yes: typically a restriction on a system such as a VECM will
need two "subscripts" on the coefficients (although in the
case you give, of a VECM with a single cointegrating relation,
that happens not to apply). I guess we could support names in
that context but it doesn't seem as "natural" as in the
straightforward single-equation case.
Allin Cottrell