Am 14.03.2014 12:49, schrieb Allin Cottrell: > On Fri, 14 Mar 2014, Sven Schreiber wrote: > >> Am 14.03.2014 09:50, schrieb michel.pouchain(a)univ-paris13.fr:
>>> When I use "dyn", the forecast for T+1 is not equal to the >>> forecats(static) for T+1. Why ? >> Do you mean the point forecasts or the standard errors / intervals? If >> you really mean the point forecasts, my guess would be that there is >> some small difference in the specification (sample) that you haven't >> noticed, otherwise it would indeed be strange. >> > > As regards point values, the two forecasts for 1990:3 (the first > out-of-sample observation) are equal. But the forecasts for 1990:4 are > not equal, because the static one uses observed QNC on the right-hand > side while the dynamic one uses forecast QNC. > Right, but in my reply I stayed with the T+1 case as raised originally. Thus, if there really are different point forecasts, I would like to see them and the underlying specifications. -sven
