econometrics-05-00032-v2.pdf (181.18 kB)
Download file

On the interpretation of instrumental variables in the presence of specification errors: a reply

Download (181.18 kB)
journal contribution
posted on 04.07.2017, 10:33 by P. A.V. B. Swamy, Stephen G. Hall, George S. Tavlas, Peter von zur Muehlen
[First paragraph] We appreciate the effort and thoughtfulness of Burkhard Raunig’s attempted critique of Swamy et al. (2015). As we show below, however, it is based on a misunderstanding of the distinction between simultaneous and recursive modeling.

History

Citation

Econometrics, 2017, 5(3), 32

Author affiliation

/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/Department of Economics

Version

VoR (Version of Record)

Published in

Econometrics

Publisher

MDPI

issn

2225-1146

eissn

2225-1146

Acceptance date

03/07/2017

Copyright date

2017

Available date

05/08/2017

Publisher version

http://www.mdpi.com/2225-1146/5/3/32

Language

en

Usage metrics

Categories

Keywords

Licence

Exports