[Gretl-devel] VECM restrictions once again

[Sven Schreiber]

Allin Cottrell schrieb:
> Hello all,
> 
> I've been spending time on this topic lately.  The current target 
> is for gretl to support:

Great to hear that, I appreciate it very much.

...

> 
> We're getting close.  We've implemented both a limited-memory BFGS 
> optimizer and the Boswijk-Doornik switching algorithm.  On current 
> evidence the latter seems preferable.  

So this would prove their claims correct?

> The final "restrict" command produces nice results.  But what has 
> gone wrong in the previous case?  Clearly the automatic initial
> values computed by gretl were bad.  But can anyone test this 
> against other software and see if the competition gets it right?
> That would be very helpful.

I would, but I will be traveling the next 2-3 weeks.


-sven