Only unstructured single-path model selection techniques, i.e., Information Criteria, are used by Bounds test of cointegration for model selection. The aim of this paper was twofold; one was to evaluate the performance of these five routinely used information criteria {Akaike Information...

This article analyzes the steps to solve economic problems using multivariate regression and correlation methods. The paper has mathematical modelling of the economic problems and the solutions with different parameters

1. Some theoretical and statistical aspects of a linear cconometric model -- 1.1 Motivation for the use of a model -- 1.2. Definition of a Model -- 1.3. The linear econometric model -- 1.4. The variables -- 1.5. The general form of a single equation linear econometric model -- 1.6. The general...

A low frequency factor model regression uses returns computed at a lower frequency than data available. An example is using monthly rather than daily returns to estimate the Capital Asset Pricing Model (CAPM). I show that when using overlapping observations to estimate low frequency factor model...