Suppose that you added FDDt + 1 as an additional regressor i
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Suppose that you added FDDt + 1 as an additional regressor in Equation (15.2). If FDD is strictly exogenous, would you e
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Suppose that you added FDDt + 1 as an additional regressor in Equation (15.2). If FDD is strictly exogenous, would you expect the coefficient on FDDt + 1 to be zero or nonzero? Would your answer change if FDD is exogenous but not strictly exogenous?
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