Is it okay that my Non-Linear ARDL model has non-normality?
Posted: Wed May 20, 2020 4:32 am
Hi, I am currently trying to study price asymmetry using the non-linear ARDL model.
My model has no serial correlation, stability is good and no heteroscedasticity.
However, I still have non-normality in the model. Is this an issue for the non-linear NARDL or something that is to be expected?
Any guidance and readings related to whether I should be worried about non normality or not would be greatly appreciated.
Please forgive me as I am completely new to non-linear models.
My model has no serial correlation, stability is good and no heteroscedasticity.
However, I still have non-normality in the model. Is this an issue for the non-linear NARDL or something that is to be expected?
Any guidance and readings related to whether I should be worried about non normality or not would be greatly appreciated.
Please forgive me as I am completely new to non-linear models.