Which of the following statements is true of dynamically complete models?
A) There is scope of adding more lags to the model to better forecast the dependent variable.
B) The problem of serial correlation does not exist in dynamically complete models.
C) All econometric models are dynamically complete.
D) Sequential endogeneity is implied by dynamic completeness..
Correct Answer:
Verified
Q1: Which of the following is a strong
Q2: If a process is said to be
Q3: A stochastic process {xt: t = 1,2,….}
Q4: A process is stationary if:
A)any collection of
Q5: Consider the model: yt = 
Q7: Covariance stationarity focuses only on the first
Q8: In the model yt =
Q9: The model yt = yt - 1
Q10: Which of the following statements is true?
A)A
Q11: Suppose ut is the error term for
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