Re estimate Eq. (6.30) by assigning a dummy for each quarter and compare your results with those

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Re estimate Eq. (6.30) by assigning a dummy for each quarter and compare your results with those given in Eq. (6.30). In estimating such an equation, what precaution must you take?

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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 07:27 AM

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Re estimate Eq. (6.30) by assigning a dummy for each quarter and compare your results with those

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Using EViews and suppressing the intercept to avoid the problem of perfect multicollinearity ...View the full answer

Essentials of Econometrics

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