Question: c ) Econometrician Ms . Noisy run the regression with true model ( 1 ) but she could not find data on f 1 ,

c) Econometrician Ms. Noisy run the regression with true model (1) but she could not find data on f1,t and f2,t and can only found data on f1,t* and f2,t* which are data on f1,t and f2,t with measurement error
fi,t*=fi,t+i,t,i=1,2
where 1,t and 2,t are white noises, independent of each other and independent with t at all leads and lags. Could Ms. Noisy get unbiased estimators of 1 and 2 in model (1)? Can she get consistent estimators?
 c) Econometrician Ms. Noisy run the regression with true model (1)

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