Hello ,
I am working on monthly data and I am trying to figure out if my data is stationary or non-stationary.
I am using the ADF test however i am facing difficulties in determining the lag-length for this test. I used the varsoc command and i got conflict results regarding the choice of number of lag.
Could anyone help me decide how to choose the approriate lag-length to use in the ADF test according to the varsoc results below?
I am working on monthly data and I am trying to figure out if my data is stationary or non-stationary.
I am using the ADF test however i am facing difficulties in determining the lag-length for this test. I used the varsoc command and i got conflict results regarding the choice of number of lag.
Could anyone help me decide how to choose the approriate lag-length to use in the ADF test according to the varsoc results below?
