lag interval in VECM
Posted: Fri Oct 25, 2013 2:11 pm
Dear forum,
I am using Eviews 8. I can't seem to find a single answer to this question.
how can I determine "lag interval" in VECM? (right side of the dialog box)
1)using "lag selection criteria" (after running "unrestricted VAR", I establish the number of lags.. )
OR
2) using lag "1 1" (since VECM refers to a model with "lagged first difference terms"
I really appreciate your help..
best regards,
I am using Eviews 8. I can't seem to find a single answer to this question.
how can I determine "lag interval" in VECM? (right side of the dialog box)
1)using "lag selection criteria" (after running "unrestricted VAR", I establish the number of lags.. )
OR
2) using lag "1 1" (since VECM refers to a model with "lagged first difference terms"
I really appreciate your help..
best regards,