Mathematics, 18.03.2021 01:20 preciousweeks11

Estimate the model using the usual moment conditions. This is equivalent to what you did in Homework 2 with the quarterly data. Please use the HAC estimator for the standard errors. (HINT: note that the data contains consumption growth ct+1 ct for t = 1; :::; T and not consumption levels ct for t = 1; :::; T. Modify the code from homework 2 accordingly, to compute the moments correctly.)

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Estimate the model using the usual moment conditions. This is equivalent to what you did in Homework...

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