Time Series - SPUR ECONOMICS

Cointegration: Meaning, Tests and Models

Cointegration refers to the situation where the variables have a long-run or equilibrium relationship. Such variables move together over time and can be said to have a similar wavelength or…

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January 31, 2023

Econometrics / Time Series

Order of Integration of a time series

If a non-stationary time series has to be differenced “d” times to make it stationary, that time series is integrated of order "d". In other words, the order of integration…

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January 30, 2023

Econometrics / Time Series

ADF Test: Augmented Dickey Fuller Equation

The Augmented Dickey Fuller or ADF Test of stationarity is a unit root based test. It attempts to overcome the shortcomings of the original Dickey Fuller test. The Dickey Fuller…

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January 27, 2023

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