University of Leicester
Browse
econometrics-05-00032-v2.pdf (181.18 kB)

On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply

Download (181.18 kB)
journal contribution
posted on 2019-09-13, 11:09 authored 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 Raunig’s (2017) 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/School of Business

Version

  • VoR (Version of Record)

Published in

Econometrics 2017

Publisher

MDPI

issn

2225-1146

Acceptance date

2017-07-12

Copyright date

2017

Available date

2019-09-13

Publisher version

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

Notes

Reply of Econometrics 2015, 3(1), 55-64. Reply of Econometrics 2017, 5(3), 31.

Language

en

Usage metrics

    University of Leicester Publications

    Categories

    Licence

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC