Documents Chapter 5 : Unit-root Testing and Cointegration Analysis

Chapter 5 : Unit-root Testing and Cointegration Analysis 5.1 Introduction to spurious regression Suppose that we observe the following regression results (t statistics in…

Documents #1 EC 485: Time Series Analysis in a Nut Shell. #2 Data Preparation: 1)Plot data and examine for...

Slide 1#1 EC 485: Time Series Analysis in a Nut Shell Slide 2 #2 Data Preparation: 1)Plot data and examine for stationarity 2)Examine ACF for stationarity 3)If not stationary,…