I try to create temperature shocks but I´ve got a time series with average temperature for US and anomalies, so my question is, are those anomalies my temperature shocks? I want to them in local projects in to see the effects on gdp and inflation.
is it necessary to set the demand shock and supply shock as positive? can we do negative? also, one more question: are the points on impulse response line are marginal?
Thank you very much
I just love how this UA-cam Channel has a NyQuil lore attached to it. Hi Jeremy, hope you ain't seeing any pink elephants yet.
I try to create temperature shocks but I´ve got a time series with average temperature for US and anomalies, so my question is, are those anomalies my temperature shocks? I want to them in local projects in to see the effects on gdp and inflation.
is it necessary to set the demand shock and supply shock as positive? can we do negative?
also, one more question: are the points on impulse response line are marginal?
great
Unit root test on time series data
thxxx
Unit root test