Question: in the previous examples using the data set WP.XLS, we have set p = q = 4 (four lags of both wage and price inflation).

in the previous examples using the data set WP.XLS, we have set p = q = 4 (four lags of both wage and price inflation). Using price inflation as the dependent variable and the sequential testing procedure outlined in Chapter 10 select optimal values for p and q

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