USA London and Tokyo index: from the 10 aggregate indices in the dataset. Generate some summary statistics and time series plots, obtain the in-sample period correlogram and cross-correlogram, and briefly comment on your findings.
For each index you have selected,estimate a series of ARDL models of dividend yields (DY_ ) on lagged DY_and returns (R_) using up to four lags of each variable, and experimenting with all possible combinations. Or put differently, estimate a series of ARDL (p,q) models with(𝑝,𝑞))∈{(1,1),(1,2),...,(4,4)}.Out of the models you estimated(againfor each index you have selected),choosethree of the best,based on serial correlation tests of order 4, and AIC. Write a short report on your findings.

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Econometrics: USA, London and Tokyo Index
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