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Method‐of‐moment view of linear simultaneous equation systems [PDF]

open access: possibleStatistica Neerlandica, 2008
In this paper, we review the modern method‐of‐moment‐based approaches to identification and estimation of linear simultaneous equation systems. First, we present the rank condition for the structural form (SF) parameter identification. The rank condition comes naturally and is much easier to understand than that in the conventional reduced‐form‐based ...
Myoung-jae Lee
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STRUCTURAL IDENTIFICATION METHOD OF SIMULTANEOUS EQUATIONS SYSTEMS

IFAC Proceedings Volumes, 2002
The objective of this paper is to develop a method for selection of the ...
openaire   +4 more sources

Control functions in nonseparable simultaneous equations models [PDF]

open access: yesQuantitative Economics, 2014
The control function approach (Heckman and Robb (1985)) in a system of linear simultaneous equations provides a convenient procedure to estimate one of the functions in the system using reduced form residuals from the other functions as additional ...
Richard Blundell, Rosa L Matzkin
exaly   +2 more sources

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