When X_t Is Strictly Exogenous, the Following Estimator(s)of Dynamic Causal

question 48

Multiple Choice

When X_t 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)

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Definitions:

Square

A mathematical operation involving multiplying a number by itself, or a polygon with four equal sides and angles.

Square Root

A mathematical function that, for a given number, produces a value which, when multiplied by itself, gives the original number.

Mixed Number

A number composed of an integer and a fraction, representing a value greater than or equal to one.