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Consider the dynamic regression model: Yt = 1.5 + 0.5yt-1 + 1.4x¢ + 0.7xt-1 + &¢ At time t*, there is a step intervention of one-unit increase in x, which means that x remains one unit higher permanently since time t*. (a) Identify the estimated effect on y at t*, t* + 1, and t* + 2.

Consider the dynamic regression model: Yt = 1.5 + 0.5yt-1 + 1.4x¢ + 0.7xt-1 + &¢ At time t*, there is a step intervention of one-unit increase in x, which means that x remains one unit higher permanently since time t*. (a) Identify the estimated effect on y at t*, t* + 1, and t* + 2.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Consider the dynamic regression model:
???? = 1.5 + 0.5????−1 + 1.4???? + 0.7????−1 + ????
At time ??∗, there is a step intervention of one-unit increase in ??, which means that ??
remains one unit higher permanently since time ??∗.
(a) Identify the estimated effect on ?? at ??∗,??∗ + 1, and ??∗ + 2

Consider the dynamic regression model: Yt = 1.5 + 0.5yt-1 + 1.4xt + 0.7x;-1+ Et At time t*, there is a step intervention of one-unit increase in x, which means that x remains one unit higher permanently since time t*. (a) Identify the estimated effect on y at t*, t* + 1, and t* + 2.
Transcribed Image Text:Consider the dynamic regression model: Yt = 1.5 + 0.5yt-1 + 1.4xt + 0.7x;-1+ Et At time t*, there is a step intervention of one-unit increase in x, which means that x remains one unit higher permanently since time t*. (a) Identify the estimated effect on y at t*, t* + 1, and t* + 2.
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