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HUL715

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HUL715
Time Series Econometrics and Forecasting
Credits 3
Structure 3-0-0
Pre-requisites For UG students: HUL315 / HUL215
Overlaps

HUL715 : Time Series Econometrics and Forecasting

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1. Stationary Univariate Models : (a) Difference equation; (b) Wold's decomposition; (c) ARMA models; d. Box-Jenkins methodology; (e) Model Selection; (f) Forecasting. 2. Non-stationary univariate models: (a) Trend/cyclical decomposition; (b) Deterministic and stochastic trend models; (c) Unit root tests; (d) Stationarity tests. 3. Structural change and non-linear models: (a) Test for structural change with unknown change point; (b) Estimation of linear models with structural change; (c) Regime switching models. 4. Stationary multivariate models; (a) Dynamic simulteneous equation models; (b) Vector Auto Regression (VAR); (c) Granger causality; (d) Impulse response function. 5. Non-stationary multivariate models: (a) Spurious regression; (b) Co-integration; (c) Vector Error Correction (VECM) model. 6. Time series model of heteroskedasticity: (a) ARCH, GARCH models.