'Spurious regression' presentation slideshows

Theoretical and Empirical Issues in Demand Analysis

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Economics 310

Economics 310. Lecture 24 Univariate Time Series. Concepts to be Discussed. Time Series Stationarity Spurious regression Trends. Plot of Economic Levels Data. Plot of Rate Data. Stationary Stochastic Process. Stochastic Random Process Realization

599 views • 30 slides

REGRESSION WITH TIME SERIES VARIABLES

REGRESSION WITH TIME SERIES VARIABLES. INTRODUCTION.

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Testing for Unit Roots

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Spurious regression

Spurious regression. The stock market and daily temperature S&P 500 daily closing value and daily maximum temperature in New York, Sep 1 to Dec 31 2008. negative trend in both stochastic trend in S&P500 deterministic trend in temp. Spurious: ln(SP) and ln(Temperature).

836 views • 4 slides