Search found 4 matches

by ancraeg52
Thu Feb 02, 2012 3:25 am
Forum: Econometric Discussions
Topic: Omit Consant
Replies: 4
Views: 3143

Re: Omit Consant

Thanks for your help Startz,
Regards,
by ancraeg52
Wed Feb 01, 2012 4:39 am
Forum: Econometric Discussions
Topic: Omit Consant
Replies: 4
Views: 3143

Re: Omit Consant

Hi Startz,

Thanks for your reply and apologies, I probably should have mentioned that all variables (both LHS and RHS) are first differenced - Would this be a reason to omit the constant?

Thanks,
J
by ancraeg52
Tue Jan 31, 2012 3:28 am
Forum: Econometric Discussions
Topic: Omit Consant
Replies: 4
Views: 3143

Omit Consant

Hi, I have been running a standard OLS regression and all my variables are statistically significant. It has passed all necessary diagnostic tests. However, my constant is not statistically significant and I was wondering does this compromise the results of this model. Should I omit it from the regr...
by ancraeg52
Wed Jan 25, 2012 8:02 am
Forum: Estimation
Topic: Correlation in Residuals
Replies: 1
Views: 1723

Correlation in Residuals

Hi, I am running a simple LS model with (-1) AND (+1) of the dependent variable as well as other explanatory variables. However i get a very low DW Stat and have been told that one solution is to treat the residual as an unknown but important omitted variable and then put the residual variable into ...

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