Dummy Endogenous Variables in a Simultaneous Equation System

Dummy Endogenous Variables in Nonseparable Models

This paper considers the nonparametric identification and estimation of the average effect of a dummy endogenous variable in nonseparable models. The analysis includes the case of a dummy endogenous variable in a discrete choice model as a special case. This paper establishes conditions under which it is possible to identify and consistently estimate the average effect of the dummy endogenous v...

Errors in Variables in Simultaneous Equation Models

Simultaneous Equation Systems Involving Binary Choice Variables

The Estimation of Simultaneous Equation Models with Lagged Endogenous Variables and First Order Serially Correlated Errors

In this paper various methods for the estimation of simultaneous equation models with lagged endogenow variables and List order s&fly correlated errors are discussed. The m.&ods dilfer in tbe number of instrumental variables used. The asymptotic and small sample properties of the various metlmds are compared, and the variables which must be included as insuuments to insure consistent estimates ...

Investigation Interaction between Exchange Rate and Stock Market in Iran: A Simultaneous Equation System Approach

In recent years, the development of Securities markets has contributed greatly to the flourishing and development of countries. Having a structured and dynamic capital market has been one of the basic requirements of countries on the path of development, and the role of this market in creating economic equilibrium is known to everyone. Therefore, explaining the volatility of the stock market is...