Description

This volume comprises the classic articles on methods of identification and estimation of simultaneous equations econometric models. It includes path-breaking contributions by Trygve Haavelmo and Tjalling Koopmans, who founded the subject and received Nobel prizes for their work. It presents original articles that developed and analysed the leading methods for estimating the parameters of simultaneous equations systems: instrumental variables, indirect least squares, generalized least squares, two-stage and three-stage least squares, and maximum likelihood. Many of the articles are not readily accessible to readers in any other form.

SIMULTANEOUS EQUATIONS ESTIMATION

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Hardback by Carl F. Christ

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This volume comprises the classic articles on methods of identification and estimation of simultaneous equations econometric models. It includes path-breaking... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1994
    ISBN13: 9781852786618, 978-1852786618
    ISBN10: 1852786612

    Number of Pages: 560

    Non Fiction , Business, Finance & Law

    Description

    This volume comprises the classic articles on methods of identification and estimation of simultaneous equations econometric models. It includes path-breaking contributions by Trygve Haavelmo and Tjalling Koopmans, who founded the subject and received Nobel prizes for their work. It presents original articles that developed and analysed the leading methods for estimating the parameters of simultaneous equations systems: instrumental variables, indirect least squares, generalized least squares, two-stage and three-stage least squares, and maximum likelihood. Many of the articles are not readily accessible to readers in any other form.

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