In a VECM,
A)past values of Yt – θ Xt help to predict future values of ΔYt and/or ΔXt.
B)errors are corrected for serial correlation using the Cochrane-Orcutt method.
C)current values of Yt – θ Xt help to predict future values of ΔYt and/or ΔXt.
D)VAR techniques, such as information criteria, no longer apply.