Dear all,

I run an ECM model and these are my post-estimation results:

Durbin-Watson (autocorrelation): 2.1638

Breusch-Godfrey (autocorrelation): 0.4418

Breusch-Pagan (heteroscedasticity): 0.0001

ARCHLM (conditional heteroscedasticity): 0.0208

RAMSEY (omitted variables): 0.3565

Jarque-Bera (normality): 0.1119

How can heteroscedasticity be corrected for ? Again, if any of these tests are significant, does that invalidate the regression results?

Thanks!

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