@1nSense
Ben the Oxford undergraduates taking the Econometrics FHS exam on Saturday salute you!
@ebateru
Dude, Im falling in love with you! thanks a bunch!
@shoaibkahut
Greetings from China sir ! YOU are the real LIFE saver . Thank you
@jackiecomendador9428
just wanted to say thank you for all your videos and being one of the reasons why I'll graduate college
@Azam_Pakistan
Please add a video on ARDL model
@perrygogas
Great Ben I am gonna send this to my students.
@leventis1991
Greetings dear Ben, I was wandering if you could answer me the following two questions first of all i would like you to clearify where do i use the VECM equation...i still haven't figure out where it should be used (for prediction or analysis) and what to we mean when say "short run" what is considered short run to an estimation and secondly which model is better suited for a prediction the normal var or the VECM? Thank you in advance G.K.
@tedlu2502
Thanks, mate. You are a legend.
@mihaililiev5932
Splendid! I finally get to understand the error correction model!
@Mrnmc4911
This is so good. Very clear explanation.
@igorstanisic5380
Ben, both videos (part 1 and 2) explain very well the EC model. Thank you for sharing it. I would like to run Engle-Granger methodology in R. Could you suggest any material which shows how Engle-Granger methodology is applied on data in R? Thank you for any assistance.
@szpacur
Absolutely brilliant job buddy
@tolulopeobele9886
Interesting, very well understood.
@RayDV88
what is alpha supposed to be? I Can't see why you add ir it and why did you change the constant?
@l8524
1:11 , I think an important correction is that it's not simply more powerful to run ECM, but actually running the VAR in first differences when there is cointegration is wrong: there does not exist a VAR specification in differences that allows to achieve the structual shocks of the WOLD, since the matrix of the Wold will not be invertible. VAR exist only in levels but not in first differences under cointegration.
@olivier306
Beyond grateful still
@syedtabrez
Ben, I have seen that after generating Long Run and Short Run equations, the error correction coefficient is multiplied with the Long Run coefficients and then deduced a final regression equation based on new Long Run and Short Run, can you explain this logic?
@TheDiegoAdrenalina
Thank you so much for this helpful video! Really appreciate your work.
@OgaMariOga
Thank you so much, your videos are extremely helpful!
@repuglia