Hi,
I cannot find the answer in the docs whether restricted exogenous terms
in the 'vecm' or 'coint2' commands are included with a lag or as-is.
This concerns the "rxlist" or "zlist" arguments to the commands.
I remember some discussion about it years ago on one of the lists (users
or devel), but I cannot find it in a web search. (And because I do not
agree to google's non-privacy policy, I cannot directly search in the
mailing list search interface which is powered by google.)
Obviously, for the standard and automatically included deterministic
terms like a constant or a trend it doesn't matter, but for others it does.
It would be helpful if that info could be added to the docs.
Thanks and happy Easter,
Sven