What is a structural break in the data? Why is it important to control for a structural break if one occurs? How can you test and control for a structural break in your data? Explain.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q28: Suppose you include seasonality controls in
Q29: What is forecasting? How do you perform
Q30: How does time-series data differ from cross-section
Q31: What is a distributed lag model? Why
Q32: What are the assumptions required for OLS
Q34: Suppose you estimate a static time-series
Q35: What does it mean for a time-series
Q36: What is seasonality? When might you expect
Q37: You can perform forecasting by
A)making an educated
Q38: You can perform out-of-sample prediction by estimating
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents