Estimation

[alim]

Hi Everyone

I need quick answer.

I have two variables. One variable is at level stationary and another variable is 1st difference stationary. How do I estimeate this two variables i.e., both make 1st difference then estimate or keep first variable as usually and second variable makes 1st difference and estimate. Please give me advice how can I complete this estimation.

I appreciate your help.

With regard
Alick answer.

[alexramsilva]

Well I know that is too late my answer, but I believe that correct specification of your model
where your first variable is stationary at level and the second at the first difference
it could be of the following way:

y(t) = d(x(t))

or

y(t) = c+d(x(t))