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DISTRIBUTED-LAG MODELS - SlideServe

DISTRIBUTED-LAG MODELS - SlideServe

DISTRIBUTED-LAG MODELS. SUBJECT in ECONOMETRICS DARMANTO STATISTICS UNIVERSITY of BRAWIJAYA. PREFACE. Distributed-lag Model is a model i n regression where the model includes not only the current but also the lagged (past) values of the explanatory variables (the X’s ).

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A researcher set up the following distributed lag model:Model ... | Filo

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SOLVED: Suppose that we have the following estimated distributed lag model:yÌ‚t = -0.01 0.3xt 0.2x(t-1)(0.002) (0.1) (0.08)where y is the weekly change in the three-month interbank lending rate in Canada and x is the weekly change in the three-month interbank lending rate in the USA, both measured in percentage points, and numbers in ( ) are the standard errors.Suppose that both y and x are covariance-stationary. Under what conditions would OLS estimation of this model be consistent? Do you

SOLVED: Suppose that we have the following estimated distributed la…

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