t-statistic in VEC
Posted: Sat Jun 26, 2010 10:24 am
Hi,
I have eviews 6. I am estimating a vec model of inflation, i did the johansen test which gave me the long run equation, and then i did vec and it gave me estimations, with t-statistic in parentheses, but i don't know what numers do i compare it with?
e.g. t-statistics is -2.5 under the variable of index of nominal wages, what does that mean? thanks a lot!
I have eviews 6. I am estimating a vec model of inflation, i did the johansen test which gave me the long run equation, and then i did vec and it gave me estimations, with t-statistic in parentheses, but i don't know what numers do i compare it with?
e.g. t-statistics is -2.5 under the variable of index of nominal wages, what does that mean? thanks a lot!