Dear
I'm using the ARDL method on my time series data, I found that using the maxlag with ARDL methods give me accurate data than fixing the lags? Please any explanation about command maxlag (why and when we can use it ?
For example
Commands:
ardl RGDP OSS ADS OSDS, maxlags(4) aic
ardl RGDP OSS ADS OSDS, lags(4,4,4,4) regstore (ecreg)
Best Regards
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