{"id":23141,"date":"2024-04-27T18:56:57","date_gmt":"2024-04-27T18:56:57","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/select-an-economic-time-series-that-you-find-interesting-say-something-about-why-you-find-it-interesting-to-analyze-the-series\/"},"modified":"2024-04-27T18:56:57","modified_gmt":"2024-04-27T18:56:57","slug":"select-an-economic-time-series-that-you-find-interesting-say-something-about-why-you-find-it-interesting-to-analyze-the-series","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/select-an-economic-time-series-that-you-find-interesting-say-something-about-why-you-find-it-interesting-to-analyze-the-series\/","title":{"rendered":"\u2022\tSelect an economic time series that you find interesting. Say something about why you find it interesting to analyze the series."},"content":{"rendered":"

\u00b7      
\n<\/span><\/span><\/span>Select an economic time
\nseries that you find interesting. Say something about why you find it
\ninteresting to analyze the series.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>While the Federal Reserve
\nEconomic Data (FRED) site at the St. Louis Fed is a useful source, you are
\nwelcome to use other sources also.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Clearly state the time
\nperiod (e.g., July 1995 through Dec 2021) that is being covered.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>If there are specific
\nsub-periods when the series was expected to behave unusually (e.g. , the
\npandemic or the War in Ukraine) you may want to use appropriate dummy variables
\nfor it.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Save some of your later
\nperiod observations for model validation through forecasting while using the
\nearlier sub-period for estimation.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Use your model to
\nforecast the series for the validation period.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Explain how you decided
\nto select the ARIMA structure of your model \u2013 e.g., AR or MA, or Mixed ARMA;
\nhow many lags, etc.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Compare your ARIMA model
\nwith a time series regression model. For example, you may try to do a
\nregression of miles driven on the price of gasoline as a time series
\nregression. Alternatively you may want to do an univariate ARIMA Model of miles
\ndrive.<\/span><\/p>\n

\u00b7      
\n<\/span><\/span><\/span>Summarize your results
\nand your main conclusions.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00b7       Select an economic time series that you find interesting. Say something about why you find it interesting to analyze the series. \u00b7       While the Federal Reserve Economic Data (FRED) site at the St. Louis Fed is a useful source, you are welcome to use other sources also. \u00b7       Clearly state the time period (e.g., […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[43],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/23141"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=23141"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/23141\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=23141"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=23141"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=23141"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=23141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}