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RE: st: RE: Re: RE: questions about stationarity test results using IPSHIN


From   "Nick Cox" <[email protected]>
To   <[email protected]>
Subject   RE: st: RE: Re: RE: questions about stationarity test results using IPSHIN
Date   Thu, 18 Nov 2004 23:59:33 -0000

Yes in the sense that in the absence of any 
other evidence I would have guessed the reverse. 

But a guess is just a guess. 

Can't you graph the data and think about them directly? If all 
states superimposed looks too much like spaghetti 
you can create a slide slow by something like this. 

Suppose your states are 1 to 50 with value labels. 

forval i = 1/50 { 
	tsline lnq5 lnmin1 lngap if state == `i', sub(`i') 
	more 
} 
	
Nick 
[email protected] 

Jeannette Wicks-Lim

> Thanks for clarifying your response. What I find puzzling is 
> that the lngap is 
> behaving relatively similarly to lnq5 rather than lnmin1, 
> since lnmin1 is 
> nonstationary. Isn't it unusual for a ratio of a 
> nonstationary and stationary  
> variable to be stationary?

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