great video & thank you for your explanation. one thing I want to ask about the best outcome of Hansen p value (minute 2:49) based on Roodman (2009, p.44) "Also, because of the risks, do not take comfort in a Hansen test p-value below 0.1. View higher values, such as 0.25, as potential signs of trouble." (Roodman, 2009, p. 44) Isn't it potentially problematic if the p value is >0.25?
Excellent video, you're incredible. Greetings from Perú
great video & thank you for your explanation.
one thing I want to ask about the best outcome of Hansen p value (minute 2:49)
based on Roodman (2009, p.44)
"Also, because of the risks, do not take comfort in a Hansen test p-value below 0.1. View higher values, such as 0.25, as potential signs of trouble." (Roodman, 2009, p. 44)
Isn't it potentially problematic if the p value is >0.25?
These are grey areas, I think. That's why robustness tests are helpful.
May I ask what if there are no results for AR(2)? There are only results for AR(1)
Thank you for your excellent explaination.
You're welcome!
Well explained
Thank you.