The QARDL model has grown increasingly popular in time series analysis. It is a convenient model for addressing autocorrelation, disentangling long-term and short-term relationships, and addressing asymmetric relationships. In today’s blog, we look at the basics of the QARDL model including:
- The intuition behind the QARDL model.
- How to estimate the QARDL model in GAUSS.
- How to interpret the QARDL results.