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JackJ JackJ
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6 years ago
Your textbook presents as an example of a distributed lag regression the effect of the weather on the price of orange juice.
 
  The authors mention U.S. income and Australian exports, oil prices and inflation, monetary policy and inflation, and the Phillips curve as other potential candidates for distributed lag regression. You are considering estimating the effect of minimum wages on teenage employment (employment population ratio) using a time series of U.S. data. Write a short essay on whether a distributed lag model would be a suitable tool to figure out dynamic causal effects in this case.
  What will be an ideal response?
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jdbreijdbrei
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6 years ago
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JackJ Author
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6 years ago
You make an excellent tutor!
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This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
this is exactly what I needed
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