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Macroeconomics is a branch of economics dealing with the aggregate economy as a whole, rather than individual markets.

4 votes
2 answers
2k views

Why Is Cointegration Important In Practice?

In one of my econometrics classes. I'm nearly finished a problem set and assigned readings on an introduction to cointegration. I've essentially finished the assignment, run dickey fuller tests on som …
Adrian_P's user avatar
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2 votes
2 answers
1k views

VAR Models - Identifying Block Exogenous Variables Through Granger Tests

I have run a VAR model, and done granger causality tests (results pasted below) and am trying to answer a textbook question which asks: Is there any variable that appears to be close to being block e …
Adrian_P's user avatar
  • 157