Obi Ebere

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Questions related from Obi Ebere

Can we conclude that there is a certain number of cointergrating equations from bounds testing just as we would in Johansen's framework?

I have 3 variables. 2 are I(1) and 1 is I(0). I specify 3 ARDL's with first difference of each as dependent variables and conduct the bounds test on each ARDL. I found cointegration in only 1 of...

27 August 2019 738 0 View

How can we decide the best way to enter variables in a VECM?

I noticed that the way variables are entered into a VECM affects the speed of adjustment, the output from Granger causality tests and even variance decompositions. How can we them select the best...

20 August 2019 9,991 3 View