Introduction to the Vector Error Correction Model

  Рет қаралды 20,434

Justin Eloriaga

Justin Eloriaga

Күн бұрын

This video goes through the initial intuition behind the vector error correction model and explains briefly the concept of cointegration and error corrections.
Main Source: IMF
Created by Justin S. Eloriaga
Website: justineloriaga.com

Пікірлер: 12
@pedrocolangelo5844
@pedrocolangelo5844 Жыл бұрын
Mr. Eloriaga, you are the man. Thanks for a robust but still straightforward explanation about VECMs!
@berke-ozgen
@berke-ozgen 2 жыл бұрын
Perfect. The way you teach is impressive because as far as I see, VECM is thought only by writing down the equations and talking about them. I saw no video underlining that "what is the purpose of error correction, why we need it in practic?" . Because of that missing part, there remains always a question mark on the listerners' mind. But this explanations is an exeptional one. Thank you!
@user-yq4ts4hp1x
@user-yq4ts4hp1x Жыл бұрын
Great video. Thank you so much.
@Sarpamus
@Sarpamus 10 ай бұрын
fantastic explanation. thank you
@varrien4310
@varrien4310 2 жыл бұрын
Innovative instructions given wrto what a ecm actually tries to achieve (correct) .👍
@humanparaquat69
@humanparaquat69 4 ай бұрын
Thank you, sir. These videos are wonderful!
@anshulsrivastava1470
@anshulsrivastava1470 2 жыл бұрын
Hey! I'm studying some macroeconomic variables for my dissertation and through PP test I've found out that all the variables (1 dep. and 3 indep.) are stationary at 2nd diff when checked for Intercept. However, when I applied OLS on the 2nd diff values, my model wasn't significant. I'd be really thankful if you could suggest a way of carrying out the analysis properly.
@udithafernando2563
@udithafernando2563 2 жыл бұрын
Hi I'm running a time series regression using per capita GDP growth as dependent variable and using aid and a square term as independent variable These are not stationary at level and can I take the first difference and do a cointergration test
@MoneyR8
@MoneyR8 2 жыл бұрын
Isn't the Johansen cointegration test for non-stationary series?
@fitfirst4468
@fitfirst4468 2 жыл бұрын
What happens if there is no cointegration ?
@Sarpamus
@Sarpamus 10 ай бұрын
you can regress them directly
Introduction to the Structural Vector Autoregression (SVAR)
36:00
Justin Eloriaga
Рет қаралды 7 М.
Error Corrections Explained
14:39
Justin Eloriaga
Рет қаралды 7 М.
ОБЯЗАТЕЛЬНО СОВЕРШАЙТЕ ДОБРО!❤❤❤
00:45
Опасность фирменной зарядки Apple
00:57
SuperCrastan
Рет қаралды 12 МЛН
Cointegration - Engle and Granger method in EViews
28:34
JDEConomics
Рет қаралды 39 М.
Error correction model - part 1
10:02
Ben Lambert
Рет қаралды 150 М.
Unit Root Tests, Cointegration and ECM/VECM in Eviews
19:39
ViData Solutions
Рет қаралды 42 М.
Building a Vector Error Correction Model in R
15:22
Justin Eloriaga
Рет қаралды 28 М.
Econometrics - Vector Error Correction Model: Johansen Test
12:44
Vector Error Correction Model (VECM) - Step 4 of 4
17:32
Pat Obi
Рет қаралды 94 М.
13. Vector Error Correction Model (VECM) using EViews || Dr. Dhaval Maheta
27:46
ОБЯЗАТЕЛЬНО СОВЕРШАЙТЕ ДОБРО!❤❤❤
00:45