Trace financial shocks across the economic timeline.

Policy shocks do not arrive all at once. Build a defensible lag structure, recover impact and cumulative effects, compress long response paths carefully, and keep dynamic diagnostics and identification risks visible.

MISSION OBJECTIVES

Distinguish distributed-lag from autoregressive models.
Interpret impact, interim, and long-run multipliers.
Choose a lag horizon using economic timing and statistical evidence.
Explain the restrictions behind Koyck and Almon lag models.
Estimate, diagnose, and report a dynamic financial model without causal overclaiming.