Question: Suppose that a distributed lag regression is estimated, where the dependent variable is (Delta Y_{t}) instead of (Y_{t}). Explain how you would compute the dynamic

Suppose that a distributed lag regression is estimated, where the dependent variable is \(\Delta Y_{t}\) instead of \(Y_{t}\). Explain how you would compute the dynamic multipliers of \(X_{t}\) on \(Y_{t}\).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Econometrics Questions!