Hello, I have a question on Autocorrelation of OLS model.
So I encountered a autocorrelation error, and use Cochrane - Orcutt Two-step Procedure(CORC) to fix it. And my OLS became GLS. And I have no idea how to interpret the coefficient on my initial X and Y with the new model. I mean something...
Hello,
I am looking for any online supplemental courses to supplement my book reading of Introductory Econometrics 4e by Jeffrey M.Wooldridge.
The book is rather terse and jumps around a lot between ideas presented a couple of pages back and forth.
I was hoping if anyone knows a good...
I've added a screenshot (https://imgur.com/a/isQXZ) and the text below for your convenience.
Please show steps if possible to help my understanding. Thank you.
Consider a random variable that is Normally distributed, with population mean mu = E [X] and population variance sigma^2 = var [X]...
Here I would like to take the opportunity to suggest the addition of a subforum for the purpose of discussing quantitative and mathematical economics. This idea came up after I posted in a few recent topics (1st topic, 2nd topic). I am also partially motivated by QuantEcon, a website pointed out...