Background Indicators

It is customary to assume that an indicator of a latent variable is driven by the latent variable and some random noise. In contrast, a background indicator is also systematically influenced by variables outside the structural model of interest. Background indicators deserve attention because in emp...

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Bibliographic Details
Main Author: Burkhard Raunig
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/7/2/20