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Author Question: You have estimated a government reaction function, i.e., a multiple regression equation, where a ... (Read 104 times)

lbcchick

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You have estimated a government reaction function, i.e., a multiple regression equation, where a government instrument, say the federal funds rate, depends on past government target variables, such as inflation and unemployment rates.

Question 2

Write an essay about where valid instruments come from. Part of your explorations must deal with checking the validity of instruments and what the consequences of weak instruments are.



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xoxo123

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Answer to Question 1



Answer to Question 2





lbcchick

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


aliotak

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Reply 3 on: Yesterday
:D TYSM

 

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