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Nonrecursive Models
Endogeneity, Reciprocal Relationships, and Feedback Loops
John R. Hipp , Pamela Paxton , Sandra Marquart-Pyatt , Sandra T. Marquart-Pyatt
Nonrecursive Models is a clear and concise introduction to the estimation and assessment of nonrecursive simultaneous equation models. This unique monograph gives practical advice on the specification and identification of simultaneous equation models, how to assess the quality of the estimates, and how to correctly interpret results.
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