Explain the meaning of estimation in distributed lag form

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Reference no: EM131530132

Question: I. Explain the meaning of each of the following terms.

(a) Adaptive expectations.

(b) Regressive expectations.

(d) Koyck lag.

(e) Almon lag.

(f) Rational lags.

(g) Partial adjustment model.

(h) Error correction model.

(i) Testing rationality.

(j) Estimation in autoregressive form.

(k) Estimation in distributed lag form.

Reference no: EM131530132

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