Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose time-series data has been generated according to the following process:
where t is independent white noise. Our main interest is consistent estimation of Φ from realizations on yt.
1) Provide conditions for this process to be stationary.
2) From hereonout, assume the process is stationary. Will OLS generally provide you with consistent point estimates of ? Can you give conditions under which it will? Provide the asymptotic distribution of OLS under these assumptions.
3) ARMA processes are generally estimated by ML. Do you have enough information to set up the (marginal or conditional) likelihood function?
4) Use the moment conditions under Question 4 to derive a consistent GMM estimator of (; ).
Does it require knowledge of the distribution of t? Note that we discussed asymptotic properties
of GMM estimators assuming a xed amount of moments.
5) Given your answer to the previous question, derive a lower bound on the variance of your esti-
mator.
explain the method with an example
Factor that affect the volume of production
Greenstone Coffee is experiencing financial pressures due to increased competition for its numerous urban coffee shops. Total sales revenue has dropped by 15% and the company wishe
Suppose years of schooling, s , is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by w m = 500 + 100 s and
In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings a savings account because her mai
why do we make use of regression analysis in our econometrics analysis
what is econometrics
i) Briefly distinguish between the Cournot duopoly model and that of Stackelberg. ii) Suppose the inverse market demand curve for a telecommunications equipment is P = 10
The following table contains the ACT scores and the GPA (grade point average) for eight college students. Grade point average is based on a four-point scale and has been rounded to
What is the ADF max test?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd