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

Edit

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

Edit

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

Edit