The Dynamic OLS (DOLS)estimator of the Cointegrating Coefficient, If Y_t

question 23

Multiple Choice

The dynamic OLS (DOLS) estimator of the cointegrating coefficient, if Y_t and X_t are cointegrated,

• A)is efficient in large samples
• B)statistical inference about the cointegrating coefficient is valid
• C)the t-statistic constructed using the DOLS estimator with HAC standard errors has a standard normal distribution in large samples
• D)all of the above

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Definitions:

Consumer Purchase Decision Process

The sequence of steps consumers go through, from recognizing a need or want to the post-purchase evaluation.

Situational Influences

External factors that can affect consumer behavior and decision-making processes at specific moments in time.

Psychological Influences

The effects of psychological factors on consumers' purchasing behavior, including perceptions, attitudes, beliefs, and emotions.

Situational Influences

External factors, such as time, location, and social context, that affect consumer behavior or decision-making processes.