. Re: [Gretl-devel] VECM restrictions once again

[Allin Cottrell]

On Thu, 6 Sep 2007, Sven Schreiber wrote:

> Browsing the PcGive documentation, I also saw that they do not impose
> the normalization restrictions in the maximization stage. They actually
> remove them before estimation, then estimate, and in the end reimpose
> the normalization, saying that it's more robust.

Ah, that's interesting.  I was thinking myself that might be 
a sensible thing to do.  I'll have to think about how the details 
would go.

Allin.