Search: ECM
RBA Glossary definition for ECM
ECM – Error-correction ratio
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Appendix 2: Design of the Empirical ECM
1 Nov 1995
RDP
9510
RDP 9510: Modelling Inflation in Australia Appendix 2: Design of the Empirical ECM. ... autoregressive distributed lag for the CPI is simplified to the ECM in (17).
https://www.rba.gov.au/publications/rdp/1995/9510/appendix-2.html
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The Baseline ECM
31 Dec 2015
RDP
2015-12
RDP 2015-12: Modelling the Australian Dollar 3. The Baseline ECM. Jonathan Hambur, Lynne Cockerell, Christopher Potter, Penelope Smith and Michelle Wright. ... Download the Paper 1.39. MB. The baseline ECM is specified to address the following question:.
https://www.rba.gov.au/publications/rdp/2015/2015-12/the-baseline-ecm.html
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Appendix 4: Error Correction Model Results
1 May 1993
RDP
9304
RDP 9304: Exchange Rate Pass-Through: The Different Responses of Importers and Exporters Appendix 4: Error Correction Model Results. Jacqueline Dwyer, Christopher Kent and Andrew Pease. May 1993. Download the Paper 115. KB. dependent variable –
https://www.rba.gov.au/publications/rdp/1993/9304/appendix-4.html
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Appendix C: Time Series Properties and Model Selection
31 Dec 2003
RDP
2003-03
Finally, we compared our results from the VECM estimation with ECM and OLS estimates to ensure the signs and magnitudes were similar. ... In Table C6 we present each VECM estimate and the corresponding ECM estimate.
https://www.rba.gov.au/publications/rdp/2003/2003-03/appendix-c.html
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
theory.3 Most of the model’s estimated equations are error correction models (ECMs).4 This. ... We model dwelling investment using an ECM with consumption, real mortgage interest rates and.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Modelling the Australian Dollar
1 Oct 2015
RDP
PDF
1421KB
With this purpose in mind, the paper also discusses several extensions to the ECM. ... 3. The Baseline ECM. The baseline ECM is specified to address the following question:.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-12.pdf
Appendix B: Levels or Differences?
31 Dec 2014
RDP
2014-12
Table B1 shows the results for Model 2 estimated in error correction form (ECM). ... However, the variances of some of the shocks are smaller in the ECM model.
https://www.rba.gov.au/publications/rdp/2014/2014-12/appendix-b.html
Exchange Rate Pass-through: The Different Responses of Importers and Exporters
30 Nov 2009
RDP
PDF
114KB
Nevertheless, the coefficient on the errorcorrection term is significant for both the P-H ECM and the UECM. ... b) The Short-Run Dynamics. An ECM was estimated using residuals of the P-H estimator.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9304.pdf
Appendix A: Empirical Estimates of Australia's Co-Movement With Foreign Business Cycles
1 Nov 1996
RDP
9607
Coefficient on growth in US GDP is 0.5 and on the ECM 0.48. ... Methodology Unrestricted ECM between Australian GDP, OECD GDP and components of Australian GDP.
https://www.rba.gov.au/publications/rdp/1996/9607/appendix-a.html
A Perspective
12 Feb 2007
Conferences
PDF
30KB
RBA Conference Volume 1993
https://www.rba.gov.au/publications/confs/1993/pdf/pagan.pdf