Estimate the short-run and long-run elasticities, Business Economics

Assignment Help:

Consider the following model:

Y*i= β0Xt β1eUt

a)  Using the stock adjustment model, estimate the short-run and long-run elasticities

b) Comment on the following processes :
i)  Autoregressive 
ii) Distributed lag

c) How is a fixed effect model (FEM) different  from an error components model (ECM)?

d) How do we test for "ARCH Effects"?

e) Briefly comment on two information criteria for model selection


Related Discussions:- Estimate the short-run and long-run elasticities

What is dependency theory, What is dependency theory? Dependency The...

What is dependency theory? Dependency Theory: Dependency theory uses economic and political theory to describe how the procedure of international trade and domestic deve

Treatment of capital gains and losses, Capital gains and losses are regar...

Capital gains and losses are regarded as wind falls. Fluctuation in the stock market prices in one of the most common sources of the wind falls. In a progressive society accordin

What is success effectiveness of multi-national companies, What is the succ...

What is the success effectiveness of multi-national companies (transnationals) in the promotion of development? TNC FDI success into promoting development: • Introduces mode

Calculate the cost of the project, A. Consider the example of renovating a ...

A. Consider the example of renovating a highway that is in poor shape, with large holes and crumbling shoulders that slow down traffic and pose an accident risk. The costs include

What do you meant by the term outsourcing, Problem: (a) What do you me...

Problem: (a) What do you meant by the term "Outsourcing"? (b) Outsourcing services will be categorized into two groups namely Technology Services and Business Processes.

Calculate present discounted value of the annual cash flow, (present value)...

(present value) Suppose an entrepreneur considers to invest in a project. It needs a cash investment $I at year t = 0. If she/he invests, the project will generate an annual cash

What are social cohesion-social capital and social inclusion, What are soci...

What are social cohesion, social capital and social inclusion? Development economics importance the role of social capital, cohesion and inclusion into the process of developm

The tipical structure of a company, At which of the stages in the tipical s...

At which of the stages in the tipical structure of a company is a business given an identity separate from its owners?

What are the economies at different stages of development, What are the Eco...

What are the Economies at Different Stages of Development? Economies at Different Stages of Development: • LDCs (Less Developed Countries) share common features but all one

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd