On Mon, 18 Oct 2010, Henrique Andrade wrote:
Let me see if I understood correctly:
(1) With no flags Gretl gives me "static" forecasts inside the sample and
dynamic ones outside the sample.
fcast 1972:1 1991:4
(2) With the option "--dynamic" Gretl uses the *estimated* values to make
the forecast of the period t+1.
fcast 1972:1 1991:4 --dynamic
(3) With the option "--static" Gretl uses the *observed* values to make
forecast of the period t+1.
fcast 1972:1 1991:1 --static
(4) With the option "--out-of-sample" Gretl gives me dynamic forecasts (i.e.
using estimated values) outside my sample.
Is this the correct interpretation?
Yes, that's right.
Allin Cottrell