Estimation of dynamic multipliers under strict exogeneity should be done by

A) instrumental variable methods.
B) OLS.
C) feasible GLS.
D) analyzing the stationarity of the multipliers.


Answer: C

Economics

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Fannie Mae and Freddie Mac's dominance of the secondary mortgage market during 1995-2008 encouraged mortgage originators to

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If the nominal interest rate is 3 percent and the inflation rate is 4 percent, then the real interest rate is

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