The client has made the following changes to the job.
Client prefers freelancers from:
You are still able to submit a proposal for this job.
The client prefers freelancers from
a different location.
I need professional with econometrics knowledge for me to complete Eviews project, Eviews software needed
LRCONS = log of real consumption of households
LRGDP = log of real GDP
LRPRICE = log of the real Halifax housing price index
The time period is from 1983Q1 to 2006Q1 (93 observations).
The purpose of this project is to test whether the behaviour of the housing market
affects consumption of households.
(a) Use this data set and Eviews7 to:
Estimate the model LRCO_S t = α1 + β1 LRGDPt + β 2 LRPRICE + ut
using ordinary least squares
(b) Statistical interpretation
Test that the model satisfies the assumptions of ordinary least squares of:
(i) no serial correlation of the residuals,
(ii) no heteroskedasticity
(iii) normality of the distribution of the residuals.
In each case state the null and alternative hypotheses and your conclusions.
(_ote: use the Breusch-Godfrey serial correlation LM test, the ARCH test and the
White Heteroskedasticity test wi...
Sign in or Register to see more