Search: ECM
RBA Glossary definition for ECM
ECM – Error-correction ratio
Search Results
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
See 5 more results from "RDP 9510"
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
See 3 more results from "RDP 9304"
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
See 8 more results from "RDP 2015-12"
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
See 1 more results from "RDP 2003-03"
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
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
Appendix C: Supplementary Results and Robustness
31 Dec 2004
RDP
2004-01
represent significance at 5 and 10 per cent levels. Standard errors on the long-run variables in the ECMs are calculated using a Bewley Transformation. ... Table C2: Supplementary ECM Results for Voluntary Saving Equations. Long-run coefficients only,
https://www.rba.gov.au/publications/rdp/2004/2004-01/appendix-c.html
See 1 more results from "RDP 2004-01"
Appendix 3: Results
1 Dec 1993
RDP
9312
correction model (ECM). ... Standard errors of the ECM were corrected for hetroscedasticity and autocorrelation where necessary.
https://www.rba.gov.au/publications/rdp/1993/9312/appendix-3.html
Introduction
1 Jul 2016
RDP
2016-05
Our findings of highly persistent deviations from the law of one price imply a very slow speed of adjustment in aggregate error correction models (ECMs) of import prices. ... the ECM they use imposes the law of one price, first-stage pass-through is
https://www.rba.gov.au/publications/rdp/2016/2016-05/introduction.html
See 2 more results from "RDP 2016-05"
Appendix A: Power Calculations
1 Dec 1994
RDP
9410
0.119. 0.142. Tables A2 and A3 contains the power calculations for test statistics from the Engle Granger two step method and the ECM equations reported in Table 3 using ... 0.363. 0.275. Table A3: Power of ECM Co-Integration Tests in Table 3.
https://www.rba.gov.au/publications/rdp/1994/9410/appendix-a.html
See 1 more results from "RDP 9410"