Question: What is a recursive/ triangular system? Are the explanatory variables deterministic or stochastic in this model? (7 marks) b) What are the differences between

What is a recursive/ triangular system? Are the explanatory variables deterministic or stochastic in this model? (7 marks) b) What are the differences between ADF test and the KPSS test for unit roots. (6 marks)

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a A recursivetriangular system typically refers to a specific type of econometric model often used in the context of time series analysis In this syst... View full answer

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