Download this complete Project material titled; How To Run Unit Root Test Using E-Views Software with abstract, chapters 1-5, references and questionnaire. Preview Abstract or chapter one below

  • Format: PDF and MS Word (DOC)
  • pages = 65

 5,000

ABSTRACT

Unit-root testing strategies are unnecessarily complicated because they do not exploit prior knowledge of the growth status of the time series, they worry about unrealistic outcomes, and they double- or triple-test for unit roots. The authors provide a testing strategy that cuts through these complications and so facilitates teaching this dimension of the unit-root phenomenon. F tests are used as a vehicle for understanding, but t tests are recommended in the end, consistent with common practice.

Shock is usually used to describe an unexpected change in a variable or in the value of the error terms at a particular time period. When we have a stationary system, effect of a shock will die out gradually. When we have a non-stationary system, effect of a shock is permanent.

•      Two types of non-stationarity:

Unit root i.e.,|bi| = 1: homogeneous non-stationarity

|bi| > 1: explosive non-stationarity

Shock to the system become more influential as time goes on.

A root near 1 of the AR polynomial                Þdifferencing

A root near 1 of the MA polynomial                Þover-differencing

STEPS IN TESTING FOR UNIT ROOT USING E-VIEWS

First, download the excel formatted data file named “US_cpi_data” from the “Sample Data” of

Econ3600 homepage.

Second, open the EVIEWS program and click “file”, “new”, and “workfile”, then the “Workfile

Range” window will be appeared as following. Choose to highlight “Monthly” (because the

series is a monthly sample data) and types the dates for “Start date” and “End date” in the

dialogue box to specific the starting and ending of the sample.

GET THE COMPLETE PROJECT»

Do you need help? Talk to us right now: (+234) 08060082010, 08107932631 (Call/WhatsApp). Email: [email protected].

IF YOU CAN'T FIND YOUR TOPIC, CLICK HERE TO HIRE A WRITER»

Disclaimer: This PDF Material Content is Developed by the copyright owner to Serve as a RESEARCH GUIDE for Students to Conduct Academic Research.

You are allowed to use the original PDF Research Material Guide you will receive in the following ways:

1. As a source for additional understanding of the project topic.

2. As a source for ideas for you own academic research work (if properly referenced).

3. For PROPER paraphrasing ( see your school definition of plagiarism and acceptable paraphrase).

4. Direct citing ( if referenced properly).

Thank you so much for your respect for the authors copyright.

Do you need help? Talk to us right now: (+234) 08060082010, 08107932631 (Call/WhatsApp). Email: [email protected].

//
Welcome! My name is Damaris I am online and ready to help you via WhatsApp chat. Let me know if you need my assistance.