Author Question: Under the VAR assumptions, the OLS estimators are A) consistent and have a joint normal ... (Read 73 times)

casperchen82 · **on:** Jun 29, 2018

Under the VAR assumptions, the OLS estimators are

A) consistent and have a joint normal distribution even in small samples.
B) BLUE.
C) consistent and have a joint normal distribution in large samples.
D) unbiased.

Question 2

The error term in a multiperiod regression

A) is serially correlated.
B) causes OLS to be inconsistent.
C) is serially correlated, but less so the longer the forecast horizon.
D) is serially uncorrelated.