Author Question: The lag length in a VAR using the BIC proceeds as follows: Among a set of candidate values of p, the ... (Read 192 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
The lag length in a VAR using the BIC proceeds as follows: Among a set of candidate values of p, the estimated lag length xxxis the value of p
 
  A) For which the BIC exceeds the AIC
  B) That maximizes BIC(p)
  C) Cannot be determined here since a VAR is a system of equations, not a single one
  D) That minimizes BIC(p)

Question 2

A VAR with k time series variables consists of
 
  A) k equations, one for each of the variables, where the regressors in all equations are lagged values of all the variables
  B) a single equation, where the regressors are lagged values of all the variables
  C) k equations, one for each of the variables, where the regressors in all equations are never more than one lag of all the variables
  D) k equations, one for each of the variables, where the regressors in all equations are current values of all the variables



al

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library