stationarity
Posted: Thu Aug 30, 2012 9:06 am
hi...
a small problem regarding stationary. I have a data set for a period of 41 years (1970-71 to 2010-11). the model is as follows:
y c x1 x2 x3.
can i run a simple OLS model and interpret the results without testing for stationary?
Or is it necessary to test for stationary.
a small problem regarding stationary. I have a data set for a period of 41 years (1970-71 to 2010-11). the model is as follows:
y c x1 x2 x3.
can i run a simple OLS model and interpret the results without testing for stationary?
Or is it necessary to test for stationary.