Documents Christopher Dougherty EC220 - Introduction to econometrics (chapter 9) Slideshow: simultaneous...

Slide 1 Christopher Dougherty EC220 - Introduction to econometrics (chapter 9) Slideshow: simultaneous equations bias Original citation: Dougherty, C. (2012) EC220 - Introduction…

Documents 1 This sequence shows why OLS is likely to yield inconsistent estimates in models composed of two or...

Slide 1 1 This sequence shows why OLS is likely to yield inconsistent estimates in models composed of two or more simultaneous relationships. SIMULTANEOUS EQUATIONS BIAS…