Chat with AI
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 15
Consider the ADL model is strictly exogenous.
a. Derive the impact effect of X on Y.
b. Derive the first five dynamic multipliers..
c. Derive the first five cumulative multipliers..
d. Derive the long-run cumulative dynamic multiplier.
a. Derive the impact effect of X on Y.
b. Derive the first five dynamic multipliers..
c. Derive the first five cumulative multipliers..
d. Derive the long-run cumulative dynamic multiplier.
Explanation
Verified
Verified
b) Let t + 1 be the next period then
...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
