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 \(Y_{t}\).
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