Obtain the mean lag and the long- and short-run multipliers for the following distributed lag models: a.
Question:
Obtain the mean lag and the long- and short-run multipliers for the following distributed lag models:
a. yt = 0.55(0.02xt + 0.15xt−1 + 0.43xt−2 + 0.23xt−3 + 0.17xt−4) + et.
b. The model in Exercise 5.
c. The model in Exercise 6. (Do for either x or z.)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
For the first the mean lag is 55020 55151 55174 131 period...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Econometric questions
-
Do Exercise 55 when | CD | = 2 cm.
-
3 / 4 1 1 / 4 x < 3
-
Run similar models to those in Exercise 8 but now use both series in levels instead of growth rates. Perform similar t-ratios and F-tests as in Exercise 9. Comment on your results in comparison with...
-
Neer Department Store uses the retail inventory method to estimate its monthly ending inventories. The following information is available for two of its departments at August 31, 2011. Sporting Goods...
-
A 30year Canada bond is issued with par value of $1,000, paying interest of $60 per year. lf market yields increase shortly after the bond is issued, what happens to the bond's a. Coupon rate b....
-
The SPSS figure shows the data and regression line for the 50 states in Table 3.6 relating x = percentage of single-parent families to y = annual murder rate (number of murders per 100,000 people in...
-
What are the major legal forms of intellectual property?
-
A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period, has gathered the following data relative to the current years...
-
3. [20] Assume a particular 4Gb DDR4-3600 chip organized as 512M x 8 uses 15-15-15 timing. a. [10] Assuming the device is in the pre-charged state, how long (in nanoseconds) will it take to complete...
-
Construct a cash flow diagram to find the present worth in year 0 at an interest rate of 15% per year for the following situation. Year Cash Flow, $ 0 .............. 19,000 14 .......... + 8,100
-
Describe how to estimate the parameters of the model where t is a serially uncorrelated, homoscedastic, classical disturbance. X y = a + = yL k 2 -8 + 1-6L +8,
-
Explain how to estimate the parameters of the following model: yt = + xt + yt1 + yt2 + et, et = et1 + ut. Is there any problem with ordinary least squares? Let yt be consumption and let xt be...
-
Find equivalent inertia referred to shaft shown in Fig. P1.8.sf asdf asd Given \(\frac{\mathrm{N}_{3}}{\mathrm{~N}_{4}}=\frac{5}{4}\) 20 N N 10 N 40 Shaft N N 4 J J
-
A cylinder fitted with a piston contains \(2 \mathrm{~kg}\) steam at \(500 \mathrm{kPa}, 400^{\circ} \mathrm{C}\). Find the entropy change and the work done when the steam expands to a final pressure...
-
Explain the principle of linear superposition and how it applies to systems with multiple frequency input.
-
A mass of wet steam at \(165^{\circ} \mathrm{C}\) is expanded at constant quality 0.8 to 3 bar. It is then heated at constant pressure to a degree of superheat of \(66.5^{\circ} \mathrm{C}\). Find...
-
Explain the concept of phase distortion. Why is it a problem for accelerometers and not seismometers?
-
Seismometers have a natural frequency and thus operate only for frequency ratios.
-
Who is supposed to obey accounting standards in the United States? Are they followed in practice?
-
What are the 5 Cs of marketing channel structure?
-
A corporate bond has an effective spread duration of five years and a credit spread of 2.75% (275 bps). Assume the bond has a 1% annualized expected POD and expected loss severity of 60% in the event...
-
For the gasoline data, derive a similar table to test the hypotheses given in Table 4.1. Table 4.1 Test results for the grunfeld example Ho Ho 798.162 (3.841) 6.454 (3.841) 28.252 (1.645) -2.540...
-
For the Grunfeld data, replicate Table 4.1. Table 4.1 Test results for the grunfeld example Ho Ho 798.162 (3.841) 6.454 (3.841) 28.252 (1.645) -2.540 (1.645) -2.540 (1.645) -2.433 (1.645) Null...
-
Using the Monte Carlo setup for the two-way error component model described in Baltagi (1981), (a) Compare the performance of the Chow \(F\)-test and the Roy-Zellner test for various values of the...
-
Suppose the correlation between the stock euro returns of Siemens and the USD/EUR exchange rate is 0.2. The standard deviation of the USD/EUR is 10% and the standard deviation of Siemens's stock euro...
-
list and describe the three key client-related factors that the advisor is required to consider when developing a "suitable" investment portfolio for their client. Please cite resources used
-
Year 1 2 3 Amount ($) 2000 3000 4000 An investment made today will pays you the above cash flows at the end of each year. If your required rate of return is 5% annual interest, how much will you pay...
Study smarter with the SolutionInn App