ARDL model and lags
Posted: Sun Dec 20, 2009 9:25 pm
Hi,
I am doing a project for my econometrics class and I am not sure how to run the proper models to complete it. We were given a set of data for federal funds rate and inflation rate and need to estimate an ARDL model of the fed funds rate as a function of inflation. I know how to do the basic "estimate equations" but I don't know if ARDL falls under that or not. I believe I am supposed to use the equation editor and test each variable with different lags (using "-1" for 1 lag, etc) but I am not entirely sure, so any help on how to do ARDL models would be greatly appreciated. Thanks in advance!
I am doing a project for my econometrics class and I am not sure how to run the proper models to complete it. We were given a set of data for federal funds rate and inflation rate and need to estimate an ARDL model of the fed funds rate as a function of inflation. I know how to do the basic "estimate equations" but I don't know if ARDL falls under that or not. I believe I am supposed to use the equation editor and test each variable with different lags (using "-1" for 1 lag, etc) but I am not entirely sure, so any help on how to do ARDL models would be greatly appreciated. Thanks in advance!