DISTRIBUTED-LAG MODELS - SlideServe
DISTRIBUTED-LAG MODELS - SlideServe
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Triangular, or arithmetic, distributed-lag model. { }^{\dagger}... | Filo
Triangular, or arithmetic, distributed-lag model. { }^{\dagge…
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SOLVED: Suppose that we have the following estimated distributed lag model:ŷt = -0.01 0.3xt 0.2x(t-1)(0.002) (0.1) (0.08)where y is the weekly change in the three-month interbank lending rate in Canada and x is the weekly change in the three-month interbank lending rate in the USA, both measured in percentage points, and numbers in ( ) are the standard errors.Suppose that both y and x are covariance-stationary. Under what conditions would OLS estimation of this model be consistent? Do you
SOLVED: Suppose that we have the following estimated distributed la…
2023年10月2日
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A researcher set up the following distributed lag model:Model ... | Filo
A researcher set up the following distributed lag model:Model ... | Filo
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(i) Using the data in WAGEPRC, estimate the distributed lag model from Problem 5 in Chapter 11 . Use regression (12.14) to test for A R(1) serial correlation. (ii) Reestimate the model using iterated Cochrane- Orcutt estimation. What is your new estimate of the long-run propensity? (iii) Using iterated CO, find the standard error for the LRP. (This requires you to estimate a modified equation.) Determine whether the estimated LRP is statistically different from one at
(i) Using the data in WAGEPRC, estimate the distributed lag mode…
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