The RATS Software Forum

I have series of US bilateral balance (BIBOT) of trade with China and series of real exchange rates (RER) of the Chinese currency. I have found that Chinese currency is undervalued and have estimated the values of the undervaluation. I have also found that there is cointegrating relationship between...

Hello Tom, I'm afraid I've lost you from the second sentence. What is "adding-up constraint" and a "half-space". I know it is possible to define the restrictions on the null, but I was wondering whether it is possible to set up restrictions on the alternative. Is it possible to d...

Hello,

Could you suggest me a way of testing the null of: a1=a2=0 against the alternative of: a1+a2<0 using an F-test?

Thanks a lot!

Thank you Tom! The procedure works great! I am not sure about the line where you say, I need to change TCRITICAL (to match n). I thought there's only one set of critical values? Also on compute tnl(draw)=%tstats(1) , what does the bracketed (1) mean? If I were to linreg on more than one term for exa...

Hello, I am trying to replicate the sample size and power performance of the t-test in Kapetanios, Shin and Snell (2003) under the alternative of an ESTAR model. Is there a code for this? Also, what changes would I need to make to the code for the power performance of the Dickey-Fuller test under th...