Question: 5 . Write short notes on any two of the following terms : ( a ) Endogenous variables ( b ) Structural equations ( c

5. Write short notes on any two of the following terms :
(a) Endogenous variables (b) Structural equations (c) Simultaneity bias (d) Reduce form equations

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Explain the meaning of each of the following terms: (a) Endogenous variables. (b) Exogenous variables. (c) Structural equations. (d) Reduced-form equations. (e) Order condition for identification....

Q:

Explain the meaning of each of the following terms. (a) Endogenous variables. (b) Exogenous variables.. (c) Structural equations. (d) Reduced-form equations. (e) Order condition for identification....

Q:

Briefly describe ASCII and Unicode and draw attention to any relationship between them. [3 marks] (b) Briefly explain what a Reader is in the context of reading characters from data. [3 marks] A...

Q:

A discrete sequence {xn} can be converted into a continuous representation x(t) = ts X n= (t n ts) xn, where ts is the sampling period. (a) State two characteristic properties of Dirac's function. [2...

Q:

(a) In SystemVerilog, what is the difference between: (i) The ternary operator ? and if...then...else statements? [2 marks] (ii) always_ff and always_comb? [2 marks] (iii) Blocking, non-blocking and...

Q:

lup ] (d) Show how a generating (or "mother") wavelet (x) can spawn a family of "daughter" wavelets jk(x) by simple shifting and scaling operations, and explain the advantages of representing...

Q:

Comparative Programming Languages.Make sense of what certified influence all of the three terms is endeavoring to show and get a handle on what all of the going with pictures suggests, inside the...

Q:

ccm1 java attend all . . . r2 e1 e2 box r2 Write sound typing and subtyping rules for these constructs. [5 marks] Now suppose that we add to this calculus the type variables and bounded universal...

Q:

ccn2 java solve them all . . . r2 e1 e2 box r2 Write sound typing and subtyping rules for these constructs. [5 marks] Now suppose that we add to this calculus the type variables and bounded universal...

Q:

State what is meant by a directed graph and a strongly connected component. Illustrate your description by giving an example of such a graph with 8 vertices and 12 edges that has three strongly...

Q:

What -keto acid is formed on transamination of leucine?

Q:

A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5, the company wants to forecast sales for week 6. The trend...

Q:

What is a way for investors to improve the likelihood of strong investment results? Select one 7 . Fottow the investment decisions of others 8 . Conduct one's own rigorous due diligence C . Rely on...

Q:

Suppose that a restaurant offers two appetizers (tomato soup and chicken soup) and two entres (vegetarian and meet). Moreover, suppose that you can choose at most one option from each of the two...