Arbeitspapier
The Reduced Form of a Block Recursive Model
Various estimators of the reduced form of a block recursive model are investigated and compared to each other. In particular it is shown that the structural reduced form estimator, which results from estimating separately each block of the block recursive model by some efficient method and then solving the system for the endogenous variables, is more efficient than the OLS estimator of the reduced form. Other reduced form estimators derived from OLS or Two Stage LS estimators of a partially reduced form have intermediate efficiency properties. The paper has been published in Schneeweiss et al (2001), but without the appendices.
- Language
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Englisch
- Bibliographic citation
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Series: Discussion Paper ; No. 307
- Subject
-
Block recursive model
reduced form
simultaneous equations model
Simultanes Gleichungssystem
Schätztheorie
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Schneeweiss, Hans
Maschke, Erich Otto
Pfannes, M.
- Event
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Veröffentlichung
- (who)
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Ludwig-Maximilians-Universität München, Sonderforschungsbereich 386 - Statistische Analyse diskreter Strukturen
- (where)
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München
- (when)
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2003
- DOI
-
doi:10.5282/ubm/epub.1689
- Handle
- URN
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urn:nbn:de:bvb:19-epub-1689-4
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Schneeweiss, Hans
- Maschke, Erich Otto
- Pfannes, M.
- Ludwig-Maximilians-Universität München, Sonderforschungsbereich 386 - Statistische Analyse diskreter Strukturen
Time of origin
- 2003
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Block-Recursive Equilibria in Heterogenous-Agent Models
Recursive representations of arbitrary Virasoro conformal blocks
Block-recursive non-Gaussian structural vector autoregressions
Recursive Differencing for Estimating Semiparametric Models
Recursive Functions
Minimum impatience theorems for recursive economic models
Automata-based model checking of recursive systems
Lazy model checking for recursive state machines
Model-Based Recursive Partitioning for Subgroup Analyses
A recursive core for partition function form games
Quantile regression methods for recursive structural equation models
An estimation of economic models with recursive preferences
Block-Recursive Equilibria in Heterogenous-Agent Models
Recursive representations of arbitrary Virasoro conformal blocks
Block-recursive non-Gaussian structural vector autoregressions
Recursive Differencing for Estimating Semiparametric Models
Recursive Functions
Minimum impatience theorems for recursive economic models
Automata-based model checking of recursive systems
Lazy model checking for recursive state machines
Model-Based Recursive Partitioning for Subgroup Analyses
A recursive core for partition function form games
Quantile regression methods for recursive structural equation models