Question: An equation in the simultaneous equations model satisfies the order condition for identification if: Group of answer choices the number of excluded endogenous variables from

An equation in the simultaneous equations model satisfies the order condition for identification if:
Group of answer choices
the number of excluded endogenous variables from the equation is at most as large as the number of right-hand side exogenous variables.
the number of excluded exogenous variables from the equation is at most as large as the number of right-hand side endogenous variables.
the number of excluded endogenous variables from the equation is at least as large as the number of right-hand side exogenous variables.
the number of excluded exogenous variables from the equation is at least as large as the number of right-hand side endogenous variables.

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!