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VAR with short run and long run restrictions

Posted: Fri May 13, 2016 2:57 am
by indrani_5
I ma trying to estimate a model with short run and long run restrictions. I have used some help from the Bjorland-Leitemo paper. However, my model is an overidentified model. How do I modify the code to accommodate overidentification in such models.

Re: VAR with short run and long run restrictions

Posted: Fri May 13, 2016 7:09 am
by TomDoan
Sorry. You can't. Read Section 7.5.3 in the User's Guide.