question archive Given the following least squares estimates Ct = a1 + 0
Given the following least squares estimates Ct = a1 + 0
Subject:EconomicsPrice: Bought3
Given the following least squares estimates
Ct = a1 + 0.92Yt + e1t
Ct = a2 + 0.84Ct-1 + e2t
Ct-1 = a3 + 0.78Y + e3t
Yt = a4 + 0.55Ct-1 + e4t
Calculate the least squares estimates B, and B2 from Ct = Bo + B1Yt + B2 Ct-1 +
ut
