Student paper, please help!

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Milkinator
Posts: 2
Joined: Wed Oct 24, 2018 12:01 am

Student paper, please help!

Postby Milkinator » Wed Oct 24, 2018 11:02 pm

Hey guys

I am running my first ever ARDL model assignment and just having a few issues because im still new at this stuff.

I logged 2 outve my 4 variables, GDP and unemployment, and left interest and inflation as normal due to negatives.
Is this fine? can i choose to log only 2 variables or is it required to log everything?

Also i have attatched a file with my results, any assistance in helping me interpret the data will be of great help!

Thanks in advance
Mike
Attachments
MIKE%27S SHIT.docx
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EViews Mirza
Posts: 46
Joined: Sat Apr 22, 2017 8:23 pm

Re: Student paper, please help!

Postby EViews Mirza » Sun Oct 28, 2018 4:35 pm

Econometrically, there is no issue if you log only some of your variables. At the end of the day, ARDL is just a LS regression. Nevertheless, the interpretation of what coefficients mean will depend on which variables are logged. Have a look at the attached document to better understand coefficient interpretation under log transformations. Also, please see our 3 part blog on the theory and practice of ARDL models. The links are below.

http://blog.eviews.com/2017/04/autoregressive-distributed-lag-ardl.html?m=1
http://blog.eviews.com/2017/05/autoregressive-distributed-lag-ardl_8.html?m=1
http://blog.eviews.com/2017/05/autoregressive-distributed-lag-ardl.html?m=1
Attachments
logmodels2.pdf
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Milkinator
Posts: 2
Joined: Wed Oct 24, 2018 12:01 am

Re: Student paper, please help!

Postby Milkinator » Mon Oct 29, 2018 2:25 am

Thank you so much for your help, i really appreciate it, and thank you for the links you provided, i will start diving into them right away!


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