The unknown values in an equation could be the individual costs of a smoothie and a banana when the combined cost is known. Simultaneous equations can be useful when running a business. Watch the ...
Simultaneous equations like 𝒚 = 2𝒙 - 1 and 𝒚 = 𝒙 + 1 can be represented graphically. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same diagram.
Journal of Applied Econometrics, Vol. 10, No. 2 (Apr. - Jun., 1995), pp. 187-200 (14 pages) We propose a general strategy to estimate semi-parametrically simultaneous equations with limited dependent ...
This paper uses control variables to indentify and estimate models with nonseparable, multidimensional disturbances. Triangular simultaneous equations models are considered, with instruments and ...