VAR model Diagnostics

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Alvin
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Joined: Fri Nov 25, 2022 11:13 am

VAR model Diagnostics

Postby Alvin » Wed Sep 27, 2023 7:42 am

Good day,

I am conducting an estimation of the local projection (LP) method in EViews. Before I can do that, I have to estimate a VAR model. I want to ensure that the model I am using for the LP estimation is diagnostically sound. Is there a technique one can use to get the model to be normal, homoskedastic, and free of autocorrelation?

Thanks

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