Multiple Choice
When Xt is strictly exogenous, the following estimator(s) of dynamic causal effects are available:
A) estimating an ADL model and calculating the dynamic multipliers from the estimated ADL coefficients
B) using GLS to estimate the coefficients of the distributed lag model
C) neither (a) or (b)
D) (a) and (b)
Correct Answer:
Verified
Correct Answer:
Verified
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