Dear All,
I would like to ask you for help with Gretl software. I am writing you with
an problem which I face during making forecast / prediction. I estimated
econometric model with one depended variable and four explanatory
variables. Method of estimating was OLS or Cochrane - Orcutt (both with
same result). When I try to make a forecast into the future (*and Yes, I
added new observations into the new data set*) I am unable to forecast into
the future.
*Gretl notices:* There are no observations available for forecasting out of
sample. If you wish, you can add observations (Data menu, Edit data), or
you can shorten the sample range over which the model is estimated (Sample
menu).
*The problem is that I have vacant places for forecast but the Gretl does
not make it. When I put into the empty places any values (without sense for
example 1, 2...) The forecast is made. *
Do you have any procedure how to fix the problem? I tried this several
times and there was no way how to do that. How can I make forecast without
entering nonsense values just when I add new empty observations and I want
to know forecasted values.
Thank you very much for your reply.
*Ondrej Dvoulety*
Mobil.: +420 728 431 027
e-mail: ondradvoulety(a)gmail.com
Skype: ondradvoulety
[image: ICON] <
http://cz.linkedin.com/in/ondrejdvoulety/>
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