long runn movement
Posted: Wed Sep 14, 2011 6:38 pm
hello! i have time series of unemployment rate and inflation rate!. and i want to determine whether a long-run relationship and short-run exists....
by the ADF test the 2 variables are stationary in their levels...
what should i do now to finf if a long run relationship exists??/ can i do cointegration test?? and then what?
thxn in adnvance
by the ADF test the 2 variables are stationary in their levels...
what should i do now to finf if a long run relationship exists??/ can i do cointegration test?? and then what?
thxn in adnvance