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703 Lecture 23 - Simultaneous Systems of Equations GHJ...

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Res Ec 703: Econometrics Order Of Topics And Readings For Lecture 23, November 30, 2010 Source Pages Topic Material Not Covered Last Class BM 124- middle p. 125 Instrumental variable example BM middle p.125-126 What happens to our choice between OLS and IV estimators when we can’t find a good instrument? End of Material Not Covered Last Class
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Unformatted text preview: Simultaneous Systems of Equations GHJ Chapters Simultaneous equations models: Introduction and estimation 18 and 19 BM 127 Overview of simultaneous systems of equations: Pay attention to the vocabulary. BM 128-131 Introduction to simultaneous systems of equations BM 132-135 Exploring the possibility of identification in four situations...
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