Econ 427, Spring 2010

Problem Set 3 -- Due Tuesday, March 2

Problems for Ch 7

1. (p. 132)

8. (p. 134) [Hints: for part a, you need to use Eviews built-in random number generator to create a "simulated" white noise series of 200 observations. To do this, first create a new undated workfile of length 200, and then issue the command "series epsilon = @rnorm" on the command line. This will create a series of random draws from a normal (Gaussian) distribution with mean zero and variance 1. Use this series to answer the rest of part (a) and as the basis for generating the series needed for parts (b) and (c) using approprate "series" commands.]

Problems for Ch. 8

4. (p. 163) Part a) only.

6. (p. 165) [Hint: Use the data in Data Sets/fcst-4-08/PC8_6_BankWire.dat. Assume that this is data for business days, i.e. Monday-Friday. I have created an Excel spreadsheet with the appropriate day-of-the-week dummies. You can download it from the EViews page and import it into your workfile.]