ECON-5371 — Interactive Study Widgets

Adjust a model's parameters and watch the series, diagnostics, or test statistics respond in real time. A hands-on complement to the textbook — not a substitute for it.

Chapter 3 · ARMA

ARMA(2,2) Explorer

Adjust AR and MA coefficients and watch the simulated series, ACF, and PACF update live, with stationarity and invertibility checks.

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Chapter 5 · Forecast Evaluation

Loss Functions & DM Test

Shape two competing forecasts' error patterns, choose a loss function (MSE, MAE, asymmetric), and watch the Diebold-Mariano test verdict respond — including cases where the ranking flips.

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Chapter 6 · Structural Breaks

Structural Break Explorer

Set a true break location and magnitude, then watch the Chow F(τ) trace and QLR statistic decide whether the break is detectable against the Andrews (1993) critical value — including false positives under the null.

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Chapter 7 · VAR

VAR / Impulse Response Explorer

Adjust a two-variable VAR's coefficient matrix and residual correlation, then flip the Cholesky ordering to see impulse responses change — the concrete case for why ordering is an economic assumption, not a technicality.

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Chapter 9 · GARCH

GARCH(1,1) Explorer

Move ω, α, and β and watch volatility clustering, persistence, and the unconditional variance respond — then inject a single large shock and watch the half-life play out.

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Chapter 11 · State Space

Kalman Filter / Local Level

Set the observation and state noise variances and watch the filtered and smoothed trend estimates diverge from the noisy data — and from each other — as the signal-to-noise ratio changes.

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Filters Refresher (end of course)

A capstone comparison page: the same simulated series run through the HP filter, linear detrend, Kalman/local level smoothing, and ETS/Holt-Winters level extraction, side by side against a known ground-truth trend — including the HP filter's real-time vs. full-sample end-point bias.

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