Lesson 6.8: Putting It Together: The Vector Error Correction Model (VECM)
A model that combines long-run equilibrium (cointegration) with short-run dynamics (VAR).
This topic is under construction. Content will be added here soon.
A model that combines long-run equilibrium (cointegration) with short-run dynamics (VAR).
This topic is under construction. Content will be added here soon.