Simultaneous Equations ModelEstimation

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Econometrics 1
Lecture 16 Simultaneous Equation Models
Identification and Estimation
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Recursive triangular system
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Rank and Order Conditions of Identification
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Order and rank conditions of identification
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Steps for rank condition
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Macroeconometric Model
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Reduced form of the Macro Model
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Matrix of Coefficient to Check the Rank Condition