Index from the Australian Macro Database - Econometrics Assignment Help

Assignment Task :

The following instructions supersede any instruction that is in the Unit Guide: The assignment must be electronically submitted by 11:55 pm on Sunday 7 June 2020 in PDF format. Your Öle needs to be uploaded by only one member of each group. However, all group members must click the "Submit Assignment" button on Moodle and accept the Universityís submission statement. This is essential, so please make sure to do this. d to complete an anonymous peer evaluation survey. The survey 

Remember to obtain full marks, you need to report your results in equation form, with standard errors provided in parentheses below parameter estimates, and when testing a hypothesis, you should state the null and alternative hypotheses for the test that you perform, the test statistics and its distribution under the null, any extra regression that you run to obtain the value of the test statistic, the critical value of the test, and Önally your conclusion. Altogether, your report should not be more than 10 pages including its reference list and paragraphs clearly separated (use Times New Roman fontsize 12). Important graphs and equations (in equation form, not screen shots of EViews or other software output) must be included within the report, and the corresponding EViews or other software output should be included in an appendix (the appendix is not included in the page count, and it will not be marked. It will be used only to check if the results included within the text are reported correctly). Any work cited must be properly referenced and any information that is quoted verbatim should be in quotation marks with a reference to the source. You do not need to include the textbook or lecture slides in your reference list

Task 1. Downloading data: You will download data on Australian exports of goods and services and Aus tralian export price index from the Australian Macro Database  /. The easiest way is to go to Categories, and from the drop down menu under the ìnational ac countsîchoose ìexportsî. You will get many series with the title ìExports of goods and servicesî, but you need to pay attention to the details below the title and choose ìChain volume measureî 

(which means real as opposed to nominal value of goods and services) and ìOriginalî, as opposed to ìseasonally adjustedîor ìTrendî. In the same group, also look for the chain price indexes, again ìOriginalî. The export price index is only available from 09/1985. Download these two series. Then, download  

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