Dear Sir/Madam
I would like to know whether using a dummy to simulate a shock is recommended. As I did not find any papers using this method.
Thank you
Search found 4 matches
- Wed Jan 13, 2021 3:09 am
- Forum: Models
- Topic: estimating a shock
- Replies: 2
- Views: 10945
- Sun Jan 10, 2021 8:13 am
- Forum: Econometric Discussions
- Topic: estimating a shock in eviews
- Replies: 0
- Views: 10419
estimating a shock in eviews
Dear all, I am trying to estimate the effect of an observed trade shock (the entrance of China in WTO in 2001Q4 onward) for the US economy. I have a dateset from 1950 to 2014. I was thinking to use a dummy variable to simulate this shock as the effect is already in the data. Nevertheless, I did not ...
- Sun Jan 03, 2021 11:28 am
- Forum: Econometric Discussions
- Topic: reverse causality and channel of propagation if a shock
- Replies: 0
- Views: 10306
reverse causality and channel of propagation if a shock
Dear all, First of all, happy new year to everybody. I would like to ask some questions. I am trying to estimate the effect of trade shocks like China in WTO or the formation of the EU single market for the US economy. I have estimated the gdp growth with just real export, real imports and current a...
- Mon Dec 28, 2020 4:20 pm
- Forum: Models
- Topic: estimating a shock
- Replies: 2
- Views: 10945
estimating a shock
Dear all, I have built a model. My goal is to estimate the effect that exogenous trade shocks ( such as the creation of the EU or the entrance of China in WTO) in the real import and real export equations( endogenous in the model. I estimated them through an ardl equation) have on real gdp (endogeno...