The data file Income Canada shows quarterly observations on income (Y) and money supply (X) in Canada.

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The data file Income Canada shows quarterly observations on income (Y) and money supply (X) in Canada. Estimate the model (Hsiao 1979)
yt = β0 + β1xt + γyt-1 + εt
and write a report on your findings.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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