Simultaneous equation model

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In statistics and econometrics is a simultaneous equation model ( English Simultaneous Equations Model , in short: SEM ), a model that jointly or simultaneously two or more endogenous variables determined, each endogenous variable is a function of other endogenous variables and exogenous variables and an error term can be.

literature

  • George G. Judge, R. Carter Hill, W. Griffiths, Helmut Lütkepohl , TC Lee. Introduction to the Theory and Practice of Econometrics. 2nd Edition. John Wiley & Sons, New York / Chichester / Brisbane / Toronto / Singapore 1988, ISBN 0-471-62414-4 , p. 599 ff.

Individual evidence

  1. ↑ Jeffrey Marc Wooldridge : Introductory econometrics: A modern approach. 5th edition. Nelson Education, 2015, p. 858.