1.Develop the distributed lag (DL) models with order 1, 3 and 5.
2.Develop the Autoregressive (AR) models with order 2, 4 and 6.
3.Develop an Autoregressive distributed lag model (ARDL) with order (1, 2).
4.Estimate the partial adjustment model and interpret the results. Also interpret the short run reaction and long run reaction. Also explore whether adjustment is being made or not during the study period. Data is given.
5.Estimate the adaptive expectation hypothesis and interpret the results. Also interpret the short run reaction and long run reaction. Also explore whether adjustment is being made or not during the study period.assume the data.

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1 In a finite distributed lag model the parameters could be directly estimated by ordinary least squares assuming the number of data points sufficiently exceeds the number of lag weights nevertheless ... View the full answer