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:

High-context Culture

A culture in which communication is largely implicit, meaning is derived from context, non-verbal cues, and between-the-lines interpretation rather than explicit words.

Gestures

Movements of the body, especially the hands and arms, that express ideas or feelings, or communicate specific messages without words.

Polychronic Culture

A cultural trait which values multitasking and the engagement in multiple activities simultaneously.

Cultural Tightness-looseness

A concept describing the extent to which social norms are rigidly adhered to and the tolerance level for deviance from these norms within a culture or society.