summary.pointfore function

Method for object of class pointfore

It presents results from the estimate.functional estimation as summary does for the lm or gmm class objects for example. It also computes the test of overidentifying restrictions.

## S3 method for class 'pointfore'
summary(object, ...)

Arguments

• object: An object of class pointfore
• ...: Other arguments when summary is applied to another class object

Returns

It returns a list with the parameter estimates and their standard deviations, t-stat and p-values. It also returns the J-test and p-value for the null hypothesis that the forecast is generated by the postulated functional with an information set that contains the instruments.

Examples

# estimate.functional generates a pointfore object...
res <- estimate.functional(Y=GDP$observation, X=GDP$forecast,
model=constant,
instruments="const")

# ...which can be summarized with the \code{summary} function.
summary(res)