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You Have Collected Quarterly Data on Inflation and Unemployment Rates

question 36

Essay

You have collected quarterly data on inflation and unemployment rates for Canada from
1961:III to 1995:IV to estimate a VAR(4)model of the change in the rate of inflation and
the unemployment rate.The results are You have collected quarterly data on inflation and unemployment rates for Canada from 1961:III to 1995:IV to estimate a VAR(4)model of the change in the rate of inflation and the unemployment rate.The results are   (a)Explain how you would use the above regressions to conduct one period ahead forecasts. (a)Explain how you would use the above regressions to conduct one period ahead forecasts.


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