Dear members,
I have a set of five time series. Two of them including dependent variable are I(2) and rest are I(1). Suggest me which time series modelling can be applied in this case?
Thank you in advance.
What does l(1) and l(2) stand for?
Hello Sir,
It means integration order of series. I(1) is integrated of order one and so on.
https://www.researchgate.net/post/VAR_or_VECM_for_a_mix_of_I1_and_I2_order_variables
https://www.researchgate.net/post/What_model_suits_best_the_mix_of_I1_and_I0_variables
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