A full course in econometrics - undergraduate level - part 1 - Spurious regression

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What you'll learn

This course includes

18.3 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

Regression Analysis spurious regression Econometrics (Field Of Study) time series non-stationary

Full Transcript

This video provides an example of how spurious regression can occur when regressing two non-stationary variables on one another. A Matlab simulation is provided to demonstrate this for the case of two random walks (see code below). Check out https://ben-lambert.com/econometrics-course-problem-sets-and-data/ for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: https://ben-lambert.com/bayesian/ Accompanying this series, there will be a book: https://www.amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti