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by Sul
Sun Mar 28, 2010 11:47 pm
Forum: Econometric Discussions
Topic: VECM model!
Replies: 4
Views: 9054

Re: VECM model!

Thanks, dear random_access for your reply. Actually it is stationary, it is not an issue. I just think that ECT is biased because of strong seasonality of RGDP. ECT, in these case, is necessary to see whether disequilibrium in the money market is significant and how long it takes to adjust it in the...
by Sul
Sat Mar 27, 2010 7:49 am
Forum: Econometric Discussions
Topic: VECM model!
Replies: 4
Views: 9054

VECM model!

Hi guys, URGENTLY!!! I would like to ask about 2 questions on the error correction model: 1) I am analyzing inflation determinants, first long-run in money and labor markets separetely using Johansen cointegration test, and second VECM model by running it in so-called Dynamic OLS (my understanding i...

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