You have collected quarterly data on inflation and unemployment rates for Canada from
1961:III to 1995:IV to estimate a VAR(4)model of the change in the rate of inflation and
the unemployment rate.The results are (a)Explain how you would use the above regressions to conduct one period ahead forecasts.

Question

You have collected quarterly data on inflation and unemployment rates for Canada from
1961:III to 1995:IV to estimate a VAR(4)model of the change in the rate of inflation and
the unemployment rate.The results are  (a)Explain how you would use the above regressions to conduct one period ahead forecasts.

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The Answer of You have collected quarterly data on inflation and unemployment rates for Canada from
1961:III to 1995:IV to estimate a VAR(4)model of the change in the rate of inflation and
the unemployment rate.The results are  (a)Explain how you would use the above regressions to conduct one period ahead forecasts.

You Have Collected Quarterly Data on Inflation and Unemployment Rates