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    Introduction to Econometrics Update
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    Exam 15: Estimation of Dynamic Causal Effects
  5. Question
    Quasi Differences in Y<sub>t</sub> Are Defined as
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Quasi Differences in Yt Are Defined as

Question 9

Question 9

Multiple Choice

Quasi differences in Yt are defined as


A) Yt - Yt-1.
B) Yt - φ1Yt-1.
C) △Yt - φ1Yt-1.
D) φ1(Yt - Yt-1) .

Correct Answer:

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