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
Q4: The interpretation of the coefficients in a
Q5: The Cochrane-Orcutt iterative method is<br>A)a special case
Q8: The impact effect is the<br>A)zero period dynamic
Q17: Autocorrelation of the error terms<br>A)makes it impossible
Q23: Heteroskedasticity- and autocorrelation-consistent standard errors<br>A)result in the
Q35: GLS<br>A)results in smaller variances of the estimator
Q37: Infeasible GLS<br>A)requires too much memory even for
Q38: The concepts of exogeneity, strict exogeneity, and
Q42: Your textbook used a distributed lag model
Q45: HAC standard errors should be used because<br>A)they