Simultaneous Equation Model: Generalised SEM and Equation Identification - Part 8

Simultaneous Equation Model: Generalised SEM and Equation Identification - Part 8

Learn about the Generalised Simultaneous Equation Model (SEM) and explore the identification of equations for this advanced model in this 28-minute lecture. Delve into the intricacies of SEM, focusing on its generalized form and the crucial process of equation identification. Gain valuable insights into this important topic in econometrics and statistical modeling, presented by experts from NPTEL-NOC IITM.