Simultaneous Equation Models-Single Equation Methods of Estimations [NTA-NET (UGC-NET) Economics & Development (01)]: Questions 1 - 3 of 3
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Question 1
Appeared in Year: 2017
Question MCQ▾
Indirect least squares method of estimation is applied to equations of a simultaneous equation system. The estimates obtained will be
Choices
Choice (4) | Response | |
---|---|---|
a. | Unbiased and inconsistent | |
b. | Biased and consistent | |
c. | Biased and inconsistent | |
d. | Unbiased and consistent |
Question 2
Appeared in Year: 2019
Question MCQ▾
Multiplicative decomposition model is used to (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | depersonalize the time series data | |
b. | build cost of living index | |
c. | test a hypothesis | |
d. | estimate probability |
Question 3
Appeared in Year: 2023
Question MCQ▾
Sequence of steps followed in the estimation of Indirect Least Square (ILS) starting from the beginning
(A) Identification of the structural equations,
(B) Application of OLS
(C) Obtaining structural coefficients
(D) Obtaining reduced from equations
(E) Use the model for policy
Choose the correct answer from the option given below: (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | B, D, A, E and C | |
b. | A, D, B, C and E | |
c. | B, A, C, D and E | |
d. | A, B, D, C and E |