16 Jul 2012 13:05
Error output of the switching algorithm
Dear gretl list,
I am trying to estimate a few restricted VECMs, but the estimation does fail quite often using the default switching algorithm. Actually, I just would like to know to what exactly does the following error message refer to:
"Switching algorithm: failed
Exact or near collinearity encountered"
I could not find any hints in the C-sources. Are the restrictions collinear or is it the high correlation between variables?
Thanks in advance,
Artur
<div><p>Dear gretl list,<br><br>I am trying to estimate a few restricted VECMs, but the estimation does fail quite often using the default switching algorithm. Actually, I just would like to know to what exactly does the following error message refer to:<br><br>"Switching algorithm: failed<br>Exact or near collinearity encountered"<br><br>I could not find any hints in the C-sources. Are the restrictions collinear or is it the high correlation between variables?<br><br>Thanks in advance,<br>Artur </p></div>
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