Search found 20 matches
- Wed Aug 12, 2020 12:23 am
- Forum: Estimation
- Topic: ARDL - Trend Specification
- Replies: 11
- Views: 15611
Re: ARDL - Trend Specification
Thanks Igor
- Tue Aug 11, 2020 11:55 pm
- Forum: Estimation
- Topic: ARDL - Trend Specification
- Replies: 11
- Views: 15611
Re: ARDL - Trend Specification
Hi, The comments to this post are very disappointing, as EnjoFaes and I have a strong point. As shown by a very strong author, Narayan (2004), there is a reported Constant (C) for the long-run model and the ECM. In fact, this is common in the literature. An here lies the issue and hence the original...
- Mon Aug 10, 2020 2:19 am
- Forum: Estimation
- Topic: Granger/Wald Causality vs Pairwise Causality
- Replies: 2
- Views: 7243
Re: Granger/Wald Causality vs Pairwise Causality
Hello
I have annual series of 38 observations for my VECM.
So you wouldnt use the pairwise?
My confusion is why they show different results.
i guess they are different tests?
cheers
I have annual series of 38 observations for my VECM.
So you wouldnt use the pairwise?
My confusion is why they show different results.
i guess they are different tests?
cheers
- Sun Aug 09, 2020 10:48 pm
- Forum: Estimation
- Topic: Granger/Wald Causality vs Pairwise Causality
- Replies: 2
- Views: 7243
Granger/Wald Causality vs Pairwise Causality
]Hello all I am currently working with a VECM model. I am exploring Granger/Wald Causality and Pairwise Causality, however, there is some confusion. If you look at picture 1, the Granger/Wald Causality test, you can see 4 variables have a significant p-value, meaning those variables have short-run c...
- Thu Aug 06, 2020 3:18 am
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Hi
Thanks I guess. I'll keep searching
Thanks I guess. I'll keep searching
- Thu Aug 06, 2020 2:07 am
- Forum: Estimation
- Topic: ARDL - Trend Specification
- Replies: 11
- Views: 15611
Re: ARDL - Trend Specification
I dont understand. However I found the solution.
- Thu Aug 06, 2020 2:06 am
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Hello
I dont really understand what you mean.
What original works? What blogs?
Cheers
I dont really understand what you mean.
What original works? What blogs?
Cheers
- Wed Aug 05, 2020 5:06 am
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Hello EViews Mirza,
How are you?
Have you had a chance to take a look at this one?
its an interesting question with a lot of views! :)
Cheers
How are you?
Have you had a chance to take a look at this one?
its an interesting question with a lot of views! :)
Cheers
- Wed Aug 05, 2020 5:05 am
- Forum: Estimation
- Topic: ARDL - Trend Specification
- Replies: 11
- Views: 15611
Re: ARDL - Trend Specification
I worked out the answer.
Message me if you want to know, cheers
Message me if you want to know, cheers
- Wed Aug 05, 2020 3:01 am
- Forum: Estimation
- Topic: ARDL - Trend Specification
- Replies: 11
- Views: 15611
ARDL - Trend Specification
Hello, I am running my ARDL and ECM models and I am having some confusion surrounding Trend Specification and which option to choose (pictured). Looking at guidelines from Eviews and other authors, option 2 and 3 seem to be the most popular. I have read what each option means, however its difficult ...
- Fri Jul 31, 2020 11:09 pm
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Thank you EViews Mirza, I have read these and they are very helpful. The example I refer to can be found in this youtube example by Crunch Economics. Many other authors on youtube follow the same method https://www.youtube.com/watch?v=2F1OY_1X8A0. In explaining it simply, I have added photors: Photo...
- Fri Jul 31, 2020 3:45 pm
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Thank you Mirza. I had a feeling that this was the case, as I noticed the ARDL selection model was the same for the ARDL and then the ECM Model (that is parsimoniously selected).You are saying that model transformation does not change the residuals (I thought this might be the case). I have another ...
- Fri Jul 31, 2020 8:36 am
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
Re: ARDL/ECM Question
Hi,
So how do I find the residual results for the ECM/ARDL?
Bth the original ARDL and the parsimonious ECM/ARDL use the same seated mod, so I'm guessing they have the same residual result???
So how do I find the residual results for the ECM/ARDL?
Bth the original ARDL and the parsimonious ECM/ARDL use the same seated mod, so I'm guessing they have the same residual result???
- Fri Jul 31, 2020 12:23 am
- Forum: Estimation
- Topic: ARDL/ECM Question
- Replies: 23
- Views: 29200
ARDL/ECM Question
ARDL/ECM Question Hello. When I run the Error Correction Form in Eviews, it produces the ECM/ARDL parsimonious model. When I then run the residual diagnostic tests (as pictured) for Normality, Serial Correlation and Heteroskedasticity, and CUSUM, are the results from the ECM/ARDL Model or the origin...
- Thu Apr 02, 2020 3:34 am
- Forum: Econometric Discussions
- Topic: Unit Root Testing
- Replies: 0
- Views: 6533
Unit Root Testing
Hi all! Can anyone provide some advice here. I am looking to find a paper that shows which unit root tests hold more power at different sample sizes. I have a small sample size, n = 36, so under 50. I am doing a time series analysis Which test is more appropriate for a small sample size? ADF, PP, KP...