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Nonrecursive Models
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Nonrecursive Models
Endogeneity, Reciprocal Relationships, and Feedback Loops



March 2011 | 144 pages | SAGE Publications, Inc

Nonrecursive Models is a clear and concise introduction to the estimation and assessment of nonrecursive simultaneous equation models. This unique monograph gives practical advice on the specification and identification of simultaneous equation models, how to assess the quality of the estimates, and how to correctly interpret results.

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About the Authors
 
Series Editor's Introduction
 
Acknowledgments
 
1. Introduction
 
2. Specifications of Simultaneous Equation Models
 
3. Identification
 
4. Estimation
 
5. Assessment
 
6. Model Interpretation
 
7. Conclusion
 
References
 
Author Index
 
Subject Index

This is an excellent textbook on nonrecursive models in SEM.

Professor Mary Siegrist
Business Dept, Webster University
April 7, 2011
Key features

Key Features

  • Complex material is presented in a concrete and straightforward set of steps: specification, identification, estimation, assessment, and interpretation.
  • Approaches from econometrics and structural equation modeling are consolidated into a single text.
  • A wide range of tests is provided for assessing the quality of the model and instrumental variables.

 

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