Derive Equation (15.7) from Equation (15.4) and show that 0 = 0, 1 = 1, 2 =

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Derive Equation (15.7) from Equation (15.4) and show that δ0 = β0, δ1 = β1, δ2 = β1 + β2, δ3 = β1 + β2 + β3 (etc.).
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Introduction to Econometrics

ISBN: 978-0133595420

3rd edition

Authors: James H. Stock, Mark W. Watson

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