Consider p^d=∝+φe+λ〖p i〗^d+ε where p^d=domestic price level, p^f=foreign price level, i^d=is domestic interest rate ∝=constant,ε=error term.
(a.) state the general regression representation for time series and panel analysis
b. state the auto-regressive distributed lags (ARDL(1,0,0,2) representations for each of the time series and panel regression stated in (a) above
c. write the error correction model for the time series representation in (a) above and explain the terms
d. explain how you will implement Engle and Granger conintegration for time series models