I was using Eviews, and I noticed that there is 'dynamic forecast' and 'static forecast' in the option. But I don't know what is the difference, would any one tell what are they? But I know that both are one-step ahead forecast.
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If it is one-step forecast then both forecasts are the same. The difference arises when forecasting further: "dynamic forecast" will take previously forecasted values while ""static forecast" will take actual values to make next step forecast. |
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