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* {{{varobs}}} should not be necessary (MS-)SBVAR should assume {{{VAROBS = VAR}}} or {{{options_.varobs = M_.endo_names}}} | * {{{VAROBS}}} should not be necessary (MS-)SBVAR should assume {{{VAROBS = VAR}}} or {{{options_.varobs = M_.endo_names}}}. When {{{VAROBS}}} is present, the order of variables in {{{VAROBS}}} takes precedence over the order in {{{VAR}}} statement. |
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List of problems with current implementation of SBVAR and MS-SBVAR
VAROBS should not be necessary (MS-)SBVAR should assume VAROBS = VAR or options_.varobs = M_.endo_names. When VAROBS is present, the order of variables in VAROBS takes precedence over the order in VAR statement.
- Restriction on the coefficients of the lagged variables preclude SIMS-Zha prior