Simultaneous Equation Models
Abstract
Models with multiple equations rather than a single equation are the subject of Chapter 4. It covers model specification, implied moments, model identification, model estimation, and model interpretation, fit, and diagnostics in the context of such models. The consequences of measurement error and the treatment of mediation effects are part of the chapter. Finally, the chapter compares simultaneous equation models and Directed Acyclic Graphs (DAGs).
Fields of Study & Subjects
Advanced Causal Inference Techniques
Statistical Methods and Bayesian Inference
Statistical Methods and Applications
Publication details
- Journal / source
- Cambridge University Press eBooks
- Pages
- 147–296
- Publication date
- 5 February 2026
- Document type
- Book chapter