Explain the meaning of the following terms: a. Dynamic models b. Distributed lag models c. Autoregressive models

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Explain the meaning of the following terms:
a. Dynamic models
b. Distributed lag models
c. Autoregressive models

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:34 AM

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Explain the meaning of the following terms: a. Dynamic models b. Distributed lag models c. Autoregressive models

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a b c A dynamic model is a regression model that explicitly allows for intertemporal ie over t...View the full answer

Essentials of Econometrics

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