Lagged unbiased constructs

This video explains what the is interpretation of lagged independent variables in an econometric model, and introduces the concept of a ‚lag distribution‘. Check out for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: Accompanying this series, there will be a book: