Which of the following statement is true of equation (3) ?
A) According to the order condition, it is not identified
B) According to the order condition, it is just identified
C) According to the order condition, it is over-identified
D) There is insufficient information given in the question to determine whether the equation is identified or not.
Correct Answer:
Verified
Q8: Estimation of equation (2) on its own
Q9: Consider the following bivariate VAR(2):
Q10: Which of the following are characteristics of
Q11: Assuming that you have a VAR model
Q12: Impulse responses:
A) Trace out the responsiveness of
Q13: Which of the following statements is incorrect?
A)
Q14: In the context of simultaneous equations modelling,
Q15: Which of the following could be viewed
Q16: Variance decompositions
A) Trace out the responsiveness of
Q17: The second stage in two-sage least squares
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