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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Format: | Article |
Language: | English |
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MDPI AG
2019-05-01
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Series: | Econometrics |
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Online Access: | https://www.mdpi.com/2225-1146/7/2/20 |