Question: 16.3 Suppose that a distributed lag regression is estimated, where the dependent variable is Yt instead of Yt. Explain how you would compute the dynamic
16.3 Suppose that a distributed lag regression is estimated, where the dependent variable is Yt instead of Yt. Explain how you would compute the dynamic multipliers of Xt on Yt.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
