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The model Y1t = β10 + β12 Y2t + γ11 X1t + u1t Y2t = β20 + β21 Y1t + u2t produces the following reduced-form equations:Y1t = 4 + 8 X1tY2t = 2 + 12 X1t
a. Which structural coefficients, if any, can be estimated from the reduced-form coefficients? Demonstrate your contention.
b. How does the answer to (a) change if it is known a priori that (1) β12 = 0 and (2) β10 = 0?
Assume that both magazines are owned by the same publishing company that maximizes the combined profits of the magazines. Will the company make the same choice as in the noncooperative game (i.e., owned by different publishing companies)?
in a college freshman english course the following 20 grades were recorded48nbspnbsp 88nbspnbsp 47nbspnbsp 39nbspnbsp
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Ethical issues that impact the company's decisions.
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Normal 0 false false false EN-US X-NONE X-NONE Sheila takes out a $20,000 ..
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chez henri is a restaurant chain that operates in 40 different cities. it hired an economist to estimate the factors
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