A vector autoregression

A) is the ADL model with an AR process in the error term.
B) is the same as a univariate autoregression.
C) is a set of k time series regressions, in which the regressors are lagged values of all k series.
D) involves errors that are autocorrelated but can be written in vector format.


Answer: C

Economics

You might also like to view...

As the number of advertisements of a firm increases from 100 to 500, its sales increases from $1,000 to $10,000. If this information is plotted on a line chart, the slope of the line equals:

A) $22.5. B) $0.044. C) $30.33. D) $20.

Economics

In 1996, if nominal GDP was about $8.5 thousand billion. The stock of money was

A. about the same as this. B. much less than this. C. much more than this. D. unrelated to this number.

Economics

Marginal revenue is the addition to total revenue resulting from the addition of one unit to total output

a. True b. False Indicate whether the statement is true or false

Economics

Which economic perspective would be most closely associated with the view that discretionary monetary policy is an effective force for stabilizing the economy?

A. Monetarism B. Mainstream economics C. Rational expectations D. New classical economics

Economics