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Author Question: You have estimated a government reaction function, i.e., a multiple regression equation, where a ... (Read 105 times)

lbcchick

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1



Answer to Question 2



lbcchick

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Reply 2 on: Jun 29, 2018
:D TYSM

vickybb89

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Reply 3 on: Yesterday
Gracias!

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