First-differenced estimation gives unbiased estimators if the regression model includes a lagged dependent variable.

Answer the following statement true (T) or false (F)

False

Rationale: FEEDBACK: First-differenced estimation is subject to serious biases if the regression model includes a lagged dependent variable.

Economics

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A vertical merger is one that takes place between two companies producing different goods or services for one specific finished product

Indicate whether the statement is true or false

Economics

Professional securities analysts achieve high rate of investment success following a random walk strategy.

Answer the following statement true (T) or false (F)

Economics