Cointegration - Engle and Granger method in EViews

Cointegration in Eviews explained step by step! By watching the video "Cointegration - Engle and Granger method in EViews" you will learn the difference between spurious regressions and cointegrated variables. We will follow the Engle and Granger cointegration method to determine if two variables have a long run relationship. Learn how to know if two variables are cointegrated, and in the second video we will estimate the error correction model and analyze the results. ✅ You can Buy the EViews Wokfile complete explained step by step + video slides + dataset: https://jdeconomicstore.com/b/cointeg... 📈 Download the dataset for free and replicate the content of the video: https://jdeconomicstore.com/b/cointeg... ✅ Visit my website to see all my FREE tutorials: https://www.forecastingeconomics.com/ ✅ Visit my store to buy the material for any of my videos at: https://payhip.com/JDEconomics ☕️ If you value my content and would like to show a recognition, you can make a donation: 💳 https://www.paypal.com/paypalme/JDEco... ✅In the second video, we will estimate the error correction model Link:    • Time Series: Error Correction Model explai...   ✅Note: In Minute 8:45 I made a mistake. The paper belongs to Stock and not Watson. --------------------------------------------------------------------------------------------------------- ✅ MEMBERSHIPS: Support the channel and get exclusive content! We offer two membership options: Supporter – for those who simply want to back the channel. Premium – includes access to members-only videos with additional tutorials and insights. 👉 Join here:    / @forecastingeconomics   --------------------------------------------------------------------------------------------------------- 📺 For more videos likes this, please subscribe:    / @forecastingeconomics   ✅ Is there any topic you would like me to cover? Do you have any research questions? Contact me at: 📧 [email protected] --------------------------------------------------------------------------------------------------------- 🗂Video Material: 📈Critical Values Table for Cointegration: https://www.economics.utoronto.ca/jfl... --------------------------------------------------------------------------------------------------------- 📚Recommended Literature: 📚Yule (1926): Why do we Sometimes get Nonsense-Correlations between Time-Series?- A Study in Sampling and the Nature of Time-Series Link: https://www.math.mcgill.ca/~dstephens... 📚 Granger and Newbold (1974): Spurious Regressions in Econometrics Link: http://citeseerx.ist.psu.edu/viewdoc/... 📚 Engle and Granger (1987): Co-Integration and Error Correction: Representation, Estimation, and Testing Link: http://www.ntuzov.com/Nik_Site/Niks_f... ✅ In Minute 8:45 I made a mistake. The paper belongs to Stock and not Watson. Link below: 📚Stock (1987): Asymptotic Properties of Least Squares Estimators of Cointegrating Vectors Link: https://oconnell.fas.harvard.edu/file... --------------------------------------------------------------------------------------------------------- TimeStamps: Introduction 00:00 Cointegration Overview 0:58 Spurious Regression vs Cointegration 1:32 Example: Money Demand Model 3:31 Model Considerations 5:11 Engle and Granger Method 7:31 Example: Method 1 9:43 Stationarity 12:13 Long Run Model 16:22 Cointegration Residual Test 19:56 Method 2: Eviews Tests 22:08 Engle and Granger Test 24:14 Phillips Ouliaris Test 26:06 --------------------------------------------------------------------------------------------------------- ✅ Interested in learning more? 🎬 Learn how to write your research paper in a fancy way in Latex with Overleaf:    • Latex with Overleaf Tutorial/Course   🎬 EViews Course videos:    • Applied Time Series Analysis: Free Eviews ...   🎬 Stata Course videos:    • Time Series Analysis: Stata Free Course   --------------------------------------------------------------------------------------------------------- If you liked the video and would like more content, please support my channel subscribing! 👍Like and subscribe for more videos! ☕️ If you would like to show your appreciation and make a donation: 💳 https://www.paypal.com/paypalme/JDEco... Thanks a lot!