Download Time Series Econometrics Using Microfit 5 0 from our fatest mirrorDeterminants of Crude Oil Prices: - United States Association ...
5924 dl's @ 1352 KB/s
Determinants of crude oil prices between ... (2006) and Dees et al. (2007) attempt to explain the rise in oil price using macroeconomic supply and demand frameworks. Other analysts ... M. H., Peseran, B. (2010). Time Series Econometrics using Microfit 5.0, Oxford: Oxford University ...
Date added: May 4, 2013 - Views: 27
Review of Economic Studies, International Economic Review, The Economic Journal, Econometrica, Cambridge Journal of Economics, Economics of Planning, Journal of Econometrics, Journal of the American Statistical Association, European Economic Review, American Economic Review, Biometrika, Journal ...
Date added: July 23, 2014 - Views: 10
After having generated the series in Excel, use PcGive or Microfit to analyse graphically their characteristics. Plot each of the five generated time series separately. Look at their Autocorrelation Functions.
Date added: May 3, 2013 - Views: 10
Pesaran, H.M., and Pesaran, B. (1997), Microfit 4.0, Oxford University Press, England. Pesaran, H.M., Shin, Y. and Smith, R.J. (2001), “Bounds Testing Approaches to the Analysis of Level Relationships”, Journal of Applied Econometrics, Vol. 16, 289-326.
Date added: December 13, 2011 - Views: 40
The starting point in the empirical analysis involves both time-series and panel data stationarity tests, followed by bivariate time-series and panel cointegration analysis. Furthermore, ...
Date added: February 16, 2012 - Views: 30
This paper examines the long-run relationship of export and import demand of Malaysia using time series analysis techniques that address the problem of non-stationarity. Specifically, ...
Date added: August 28, 2013 - Views: 1
The properties of time series: integrated processes; stationary and non-stationary series. (JB) The properties of time series: unit roots, integrated processes and spurious regression. (JB) 6 The properties of time series: unit root testing.
Date added: July 3, 2013 - Views: 1
DISTRIBUTED LAG MODELS. Lags. are present in econometrics for several reasons. Psychological inertia (habit), permanent vs. transitory income, ... Write the distributed lag model as . ADL(0,(): Yt = ( +(0 Xt+(1Xt-1 + ...
Date added: September 1, 2011 - Views: 150
The (ARDL) approach to cointegration is considered an ideal technique in estimating small time series model for its ability to correct biases in the estimates due to contemporaneous and serial correlation, ...
Date added: November 10, 2012 - Views: 35
Microfit 5.0: Interactive Econometric Analysis, Oxford: Oxford University Press. Pesaran, M. H., Y. Shin, & R. J. Smith, (1996). Testing for the existence of a long-run relationship. DAE Working Paper No. 9622, Department of Applied Economics, University of Cambridge.
Date added: May 9, 2013 - Views: 11
establishing whether interest rate liberalisation has any positive influence on economic growth in Nigeria. This paper uses data from 1969 and 2008, thus covering both the periods of financial repression and interest rate liberalisation.
Date added: September 16, 2012 - Views: 23
The Autoregressive Distributed Lag (ARDL) model is applied on time series data over the period 1975 to 2009. Our results firstly show that the services sector contributes positively to economic growth with a larger growth impact from whole sale and retail trade, ...
Date added: August 16, 2013 - Views: 9
of the integration properties of the individual series used in the empirical analysis. Instead, it relies on a bounds-testing procedure. In this setting, inference is based on an F-test on the significance of lagged levels of variables in the error-correction form.
Date added: May 9, 2013 - Views: 8
understand the methods of modern financial time series analysis and critically evaluate the use of these methods in current finance literature . use specialised, technical and academic skills in the analysis of specific problems in the area of empirical finance.
Date added: September 18, 2014 - Views: 1
However, their over all conclusion is that a 10% rise in stock prices is generally followed by GDP increases of 0.5 to 1.0 percent in the following year. Some recent studies, on the other hand, have cast doubt on the importance of stock prices as a leading indicator.
Date added: May 4, 2013 - Views: 11
This paper uses time-series model to estimate the effects of privatisation and FDI on economic growth in Argentina over the period 1971- 2000.
Date added: February 16, 2013 - Views: 9
Additionally, this study by using an extensive sample period and large information set proposes to obtain more robust results than those of the earlier studies. ... Journal of Econometrics. 72: 116-125. Marin, D., 1992.
Date added: February 17, 2014 - Views: 3
The objective of the study is to estimate the demand for money in Ghana using the autoregressive distributed lag (ARDL) ...
Date added: August 7, 2013 - Views: 3
... its main aim is to derive elasticities of demand and supply for manufactured exports using time series data. These can be used as inputs into other studies, especially in the growing computable general equilibrium model arena.
Date added: November 20, 2013 - Views: 2
... Unit root tests have been performed using Microfit 4.0 ... Maddala, G. S. Introduction to Econometrics. Second Edition. New York:Macmillan . Publishing Co., 1992. Marquez, J. (1990), “Bilateral Trade Elasticities”, Review of Economics and .
Date added: March 29, 2013 - Views: 7
Oshikoya (1992) used time series econometrics to see how interest rate liberalization had affected economic growth in Kenya using data from 1970 to 1989. The results showed a negative and insignificant coefficient for the real interest rate.
Date added: September 10, 2012 - Views: 16
5. DATA ISSUES 34 6. ESTIMATIONS 52. 7. CONCLUSION 80. BIBLIOGRAPHY AND DATA SOURCES 82. I would like to thank Professors Nicoli Nattrass and Murray Leibbrandt for their helpful comments. I particularly ...
Date added: November 4, 2013 - Views: 3
Introduction. In this exercise we demonstrate how GMM models are estimated in EViews. Data from two advanced econometrics texts are used: Hayashi’s Econometrics and Favero’s Applied Macroeconometrics.
Date added: April 11, 2013 - Views: 16
With data, pt, t=1, …n and the weights, k are dependent upon m. Microfit computes the Bartlett, Tukey and Parzen estimates. 4 Empirical Results. Table 3 presents the time series properties of the data. Unit Root Tests. Table 3.
Date added: August 5, 2013 - Views: 2
Using macroeconomic determinants, Amjad and Kemal (1997) and afterwards Akhter and Ahmad (1999) to explain poverty trends in Pakistan, utilized simple econometric techniques. Recently, Jamal, (2004) calculated the time series data of poverty trends in Pakistan through interpolation method.
Date added: November 18, 2012 - Views: 7
Their saving retention estimate is within the range of 0.85 and 0.95, indicating low capital mobility in the sample of countries. A comprehensive review of the relevant literature is presented by Apergis and Tsoumas (2009) ...
Date added: September 28, 2013 - Views: 1
“Applied Econometrics A Modern Approach Using Eviews and Microfit.” Londen: Palgrave Macmillan. Bond, Marian E. (1983). “Agricultural responses to prices in Sub-Saharan African countries.” International Monetary Fund 30(4): 703-26 .
Date added: April 8, 2014 - Views: 2
... Phillip Hansen’s Fully Modified Ordinary Least Squares and Johansen’s time series techniques illustrate statistical robustness and an income elasticity between 0.56 and 0.84.
Date added: October 6, 2014 - Views: 1
... (focussing on time series analysis); advice and assistance to the Research Department with three projects in preparation for the 2007 IMF visit. One month full time, September-October 2007. UNDP office in Bosnia. and the .
Date added: April 21, 2014 - Views: 10
Recent developments in the time series analysis have suggested some improvements in the standard Granger test. The first step is to check for the stationary of the original variables and then to test cointegration between them.
Date added: May 22, 2012 - Views: 7
Estimation has been performed by using Microfit 3.0. * Indicates significance at 5 percent level; critical values are based on Osterwald-Lenum (1992).
Date added: March 22, 2012 - Views: 5
His field of interest ranges from International Finance (Open Economy Macroeconomics), Public Debt Management, Time Series Forecasting to Development Economics. Dr. Gour started his professional career as a fulltime . Lecturer.
Date added: June 3, 2014 - Views: 5
At the end of 2001 GDP shrank by 5.7%, Consumer Prices Index (CPI) rose by 68.5%, domestic currency depreciated by 112% against the US dollar and the exchange rate reached the level 1 US$=1.44 Turkish lira. Furthermore, ...
Date added: January 21, 2014 - Views: 1
Thus takes value of 1 if there is no form of economic integration within or with the EU and 0,75 when there is at least an FTA (we take into account FTAs of the EU with third parties as well as more advanced stages of economic integration for instance within the European Economic Area).
Date added: January 28, 2012 - Views: 16
This paper investigates the relationship between human capital and economic growth in Pakistan with aggregate time series data. Estimated with the Johansen (1991) approach, ...
Date added: October 30, 2011 - Views: 87
Due to the lack of long time series data on wages by occupation, we have constructed three different wage inequality indicators, based on annual real wages. The first one, denoted WII1, has been inspired from Bigsten and Durevall (2006).
Date added: March 30, 2013 - Views: 9
Applied econometrics : a modern approach using EViews and Microfit / Dimitrios Asteriou. – Houndmills, Basingstoke, Hampshire ; New York, N.Y. : Palgrave Macmillan, 2005. – xix, 423 p. 24 cm. Asset pricing / John H. Cochrane.
Date added: August 19, 2011 - Views: 123
Microfit This is a general econometrics package, developed by B. and M. Hashem Pesaran, for Windows platforms. This package has a very good mix of estimators for ARCH, GARCH, cointegrating VAR models, and other time series models.
Date added: November 23, 2011 - Views: 15
Pesoran, M.H. and B. Pesoran, (1991), Microfit: User Manual, Oxford University Press, Oxford. Poirer, D.E. (ed.), (1990), “A Conversation on Econometric Methodology”, (with David Hendry and Edward Leanur), Econometric Theory, p. 6.
Date added: April 11, 2014 - Views: 1
U prvih 5 razdoblja (jedna godina i tri mjeseca) ostvaruje se pozitivan utjecaj šoka u varijabli državna potrošnja na varijablu državna potrošnja.
Date added: July 16, 2013 - Views: 2
However, on the basis of application of two econometric tools, the study with little more conviction could suggest for reducing oil and natural gas consumption for achieving higher rate of economic growth in the economy. Keywords: Energy Consumption, ...
Date added: November 20, 2012 - Views: 7
eco301 Προχωρημένη Οικονομική Ανάλυση 5 pec301 Πολιτική Οικονομία της Ανάπτυξης και της Μεγέθυνσης 5 eco302 Δημόσια Οικονομική 6 eco303 Διεθνής Οικονομική 5 ...
Date added: October 28, 2012 - Views: 49
Facultad de Ciencias Agrarias. Escuela de Graduados. Valoración económica del servicio ecosistémico de producción de agua, del bosque de la cuenca de Llancahue, Décima Región
Date added: August 28, 2014 - Views: 1