hi
i estimate a var model. i have 2 i(0) variables and 4 I(1) variables.
can i run this var model? Can i run this model by taking the first difference of first three variables and use 2 variable at level?
do I need cointegration test?
:(
var
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ANDROO1988
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var
Last edited by ANDROO1988 on Fri Jun 13, 2014 1:42 am, edited 1 time in total.
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nishantvats12
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Re: var
Hi,
As some of your variables are I(1) it is better to apply ARDL rather than a normal VAR. You can read a lot about the theory of the ARDL and how to apply it on internet. Several posts on this forum also deal with the same.
As some of your variables are I(1) it is better to apply ARDL rather than a normal VAR. You can read a lot about the theory of the ARDL and how to apply it on internet. Several posts on this forum also deal with the same.
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