Hey Everyone! Thanks for watching! If you loved this video, hit that like button and subscribe for more awesome content! Your support helps me create informative video tutorials that take your knowledge to the next level. Leave a comment and tell me what you want me to cover next. Let's learn together! ✅Plus, don't miss out on the exclusive material from this video, including slides, EViews file, and dataset. Get it all at jdeconomicstore.com/b/unitrootwithbreakpoints. ✅To stay updated on more valuable tutorials, subscribe to JD Economics' channel at th-cam.com/channels/5P21WGFO4WRUlAiGLcwymg.html ✅and contact me, follow me on social media and check my website and store at juandamico.start.page/. Don't wait - click now and stay ahead of the game! Don't wait - click now and stay ahead of the game! JDEconomics
Sir, you are awesome! Thank you so much for uploading this. By the way, if you could do more videos about structural break or changes of regimes during Covid that would also be great!
Sir I could not understand that after application the equation of Y=a1+Y(t-1)+et I have generated the series of Y and it was found stationary now how can I relate it to my non stationary variable to make stationary variable.
Thank you for really nice and professional expression of structrual breakpoint unit root test. I wonder how can you combine the test with Chow breakpoint test?
Thanks for your positive feedback. Regarding you questions about Chow test, I am not sure as I haven't done it myself. Apologies for the inconvenience. Regards, JD
This video really helped me. Thankyou! I have a little doubt that, what to do when we detect structural break in our independent variable. Like I know that whenever there is a structural break in the dependent variable, then a dummy variable can be created for that and used in ARDL model. But how do we control for the structural break in independent variable?
Thank you for the video, it was helpful. Could you please tell me - do we use breakpoint unit root test for time series in level only or we can use it for first or second difference as well? Namely, time series which I am analyzing has a unit root (based on breakpoint test) and I want to check what happens in the first difference. Should I use breakpoint test again? Thank you in advance.
Hi Isidora! Thanks for your message. I believe the breakpoint test in EViews allows you to select the variable in 1st differences. Generally speaking, the break should disappear in 1st differences since you are removing the trend. But you can still implement the test and verify if it is so. Kind Regards. JD.
Hello! Thank you for the video. What about a situation when there is more than one structural break in the timeseries? do we still use the same method?
Hey Everyone! Thanks for watching! If you loved this video, hit that like button and subscribe for more awesome content! Your support helps me create informative video tutorials that take your knowledge to the next level. Leave a comment and tell me what you want me to cover next. Let's learn together!
✅Plus, don't miss out on the exclusive material from this video, including slides, EViews file, and dataset. Get it all at jdeconomicstore.com/b/unitrootwithbreakpoints.
✅To stay updated on more valuable tutorials, subscribe to JD Economics' channel at th-cam.com/channels/5P21WGFO4WRUlAiGLcwymg.html
✅and contact me, follow me on social media and check my website and store at
juandamico.start.page/. Don't wait - click now and stay ahead of the game!
Don't wait - click now and stay ahead of the game!
JDEconomics
there is no any wasted second in the video. just the facts and short video. hats off.
Thanks! Feel free to subscribe to the channel and share it with others.
Best, JD
Superb video sir
Thanks a lot
Thanks Munesh. I am glad to hear so! Feel free to subscribe to my channel for the next topics coming!
Regards,
JDEcon.
Sir, you are awesome! Thank you so much for uploading this. By the way, if you could do more videos about structural break or changes of regimes during Covid that would also be great!
Thanks! Take care!
Sir I could not understand that after application the equation of Y=a1+Y(t-1)+et
I have generated the series of Y and it was found stationary now how can I relate it to my non stationary variable to make stationary variable.
Thanks man, that was really helpful
Great to hear so! Take care, JD
Thank you for really nice and professional expression of structrual breakpoint unit root test. I wonder how can you combine the test with Chow breakpoint test?
Thanks for your positive feedback. Regarding you questions about Chow test, I am not sure as I haven't done it myself. Apologies for the inconvenience.
Regards,
JD
This video really helped me. Thankyou! I have a little doubt that, what to do when we detect structural break in our independent variable. Like I know that whenever there is a structural break in the dependent variable, then a dummy variable can be created for that and used in ARDL model. But how do we control for the structural break in independent variable?
Same query
If you have find the solution plz tell me
Thank u very much..keep it up
Thanks ! Make sure to check my website: juandamico.start.page and feel free to share my channel with your friends! I wish you good luck! JD
Thank you for the video, it was helpful. Could you please tell me - do we use breakpoint unit root test for time series in level only or we can use it for first or second difference as well? Namely, time series which I am analyzing has a unit root (based on breakpoint test) and I want to check what happens in the first difference. Should I use breakpoint test again? Thank you in advance.
Hi Isidora! Thanks for your message. I believe the breakpoint test in EViews allows you to select the variable in 1st differences. Generally speaking, the break should disappear in 1st differences since you are removing the trend. But you can still implement the test and verify if it is so.
Kind Regards.
JD.
How interpret when ADF test reject the null hypothesis and breakpoint test accepts the null hypothesis ?
Hello! Thank you for the video. What about a situation when there is more than one structural break in the timeseries? do we still use the same method?
Hi Nada, Thanks for your message. You need to use the Bai-Perron test and will tell you the multiple breaks in the data. Regards, JD.
Sir.. If there is structural break ik the data.. Then how to proceed with vecm and cointegration.. Any change in the procedure.. Plzz reply