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Introduction to Econometrics

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2. Announcements . Read Chapters 4 and 5 for Tuesday (see syllabus)Remember to attend lab todayPlease bring the Stata lab book with youLab assignments will be due (which means sending an email with the requested work to both your TA and me) by 10:00 on the Tuesday following lab. Please write th

Introduction to Econometrics

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1. 1 Introduction to Econometrics

Introduction to Econometrics

Simple delayed effects modelsDistributed lag models and the Koyck transformationA review of the Partial Adjustment MechanismAutoregressive modelsAutoregressive Distributed Lag (ADL) modelsError Correction models (ECM). Dynamic model formulations. Yt = a b Xt-1 utChanges in X affect Y but with a known lag (in this case one period). Provided the length of the lag is known, or is easily established, this raises no new problems. Indeed it can be helpful from a forecasting point of 9456

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Introduction to Econometrics. Lecture 8 Autocorrelation. Econometric problems. Topics to be covered. Overview of autocorrelation First-order autocorrelation and the Durbin-Watson test Higher-order autocorrelation and the Breusch-Godfrey test Dealing with autocorrelation

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INTRODUCTION ECONOMETRICS I

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