Search found 1 match
- Wed Dec 04, 2013 11:21 am
- Forum: Econometric Discussions
- Topic: Help interpreting second differences
- Replies: 1
- Views: 6088
Re: Help interpreting second differences
i wouldn't go as far as working with second difference as this is not logically interpretable. we get percentage change with the first difference of the log. i recomend to use it then carry out a cointegration test. it says that if your variables have a long run relationship- this will be confirmed ...