Journal of Applied Econometrics, Vol. 10, No. 2 (Apr. - Jun., 1995), pp. 187-200 (14 pages) We propose a general strategy to estimate semi-parametrically simultaneous equations with limited dependent ...
This paper extends the single equation regression model with the truncated dependent variable considered by Tobin [10] and Amemiya [1] to multivariate and simultaneous equation models and proposes a ...
A brief description of the methods used by the SYSLIN procedure follows. For more information on these methods, see the references at the end of this chapter. There are two fundamental methods of ...
Simultaneous equations are two or more equations with two or more variables. They are simultaneous because they can be solved to give values for the variables that are equal in each equation. This is ...
Equations that have more than one unknown can have an infinite number of solutions that make it true. For example, \(2x + y = 10\) could be solved by: \(x = 1\) and \(y = 8\) \(x = 2\) and \(y = 6\) \ ...