Building a Structural Model: Parameterization and Structurality

Building a Structural Model: Parameterization and Structurality

A specific concept of structural model is used as a background for discussing the structurality of its parameterization. Conditions for a structural model to be also causal are examined. Difficulties and pitfalls arising from the parameterization are analyzed. In particular, pitfalls when considerin...

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Bibliographic Details
Main Authors: Michel Mouchart, Renzo Orsi
Format: Article
Language:English
Published: MDPI AG 2016-04-01
Series:Econometrics
Subjects:
structural model
recursive decomposition
exogeneity
causality
model identification
observationally equivalent models
structural invariance
misleading constraints
structurality
Online Access:http://www.mdpi.com/2225-1146/4/2/23

Internet

http://www.mdpi.com/2225-1146/4/2/23

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