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Methods of Moments for Multiple Linear Equation Systems

In: Micro-Econometrics

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  • Myoung-jae Lee

    (Korea University, Department of Economics)

Abstract

Going further from single linear equation models in the preceding chapter, multiple linear equation systems are examined. As in single linear equation models, there are LSE, IVE, and GMM available for multiple linear equation systems. An extra issue that arises now is whether there is any benefit in doing the system estimation relative to estimating each equation separately one by one; the answer is a qualified yes.

Suggested Citation

  • Myoung-jae Lee, 2008. "Methods of Moments for Multiple Linear Equation Systems," Springer Books, in: Micro-Econometrics, chapter 0, pages 53-89, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-68841-1_2
    DOI: 10.1007/b60971_2
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