FORECASTING WITH A SYSTEM OF EQUATIONS: VECTOR AUTOREGRESSION CHAPTER 11 FORECASTING WITH A SYSTEM OF EQUATIONS: VECTOR AUTOREGRESSION 11.2 Estimation of VAR Figure 11.1 House Price Growth in Riverside and Los Angeles MSAs González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.

Table 11.1 Vector Autoregression Estimates González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.

Table 11.2 Lag Order Selection in VAR González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.

Table 11.3 Testing for Granger-Causality in VAR González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.

11.4 Impulse-Response Functions Figure 11.2 Impulse-Response Functions for Riverside and Los Angeles House Markets González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.

11.5 Forecasting with VAR Figure 11.3 Forecasts of House Price Growth in Riverside and Los Angeles González-Rivera: Forecasting for Economics and Business, Copyright © 2013 Pearson Education, Inc.