On estimating long-run effects in models with lagged dependent variables

C-Tier

Journal: Economic Modeling

Year: 2017

Volume: 64

Issue: C

Pages: 302-311

Authors (2)

Reed, W. Robert (University of Canterbury) Zhu, Min (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

A common procedure in economics is to estimate long-run effects from models with lagged dependent variables. For example, macro panel studies frequently are concerned with estimating the long-run impacts of fiscal policy, international aid, or foreign investment.

On estimating long-run effects in models with lagged dependent variables

Authors (2)

Abstract

Technical Details