A Generalized Singular Value Decomposition Strategy for Estimating the Block Recursive Simultaneous Equations Model
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DOI: 10.1007/s10614-016-9595-y
Abstract: A new strategy for deriving the three-stage least squares (3SLS) estimator of the simultaneous equations model (SEM) is proposed. The main numerical tool employed is the generalized singular value decomposition. This provides a numerical estimation… read more here.
Keywords: simultaneous equations; generalized singular; equations model; strategy ... See more keywords