Please use this identifier to cite or link to this item: http://hdl.handle.net/2381/39987
Title: On the interpretation of instrumental variables in the presence of specification errors: a reply
Authors: Swamy, P. A.V. B.
Hall, Stephen G.
Tavlas, George S.
von zur Muehlen, Peter
First Published: 19-Jul-2017
Publisher: MDPI
Citation: Econometrics, 2017, 5(3), 32
Abstract: [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.
DOI Link: 10.3390/econometrics5030032
ISSN: 2225-1146
eISSN: 2225-1146
Links: http://www.mdpi.com/2225-1146/5/3/32
http://hdl.handle.net/2381/39987
Version: Publisher Version
Status: Peer-reviewed
Type: Journal Article
Rights: Copyright © the authors, 2017. This is an open-access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Appears in Collections:Published Articles, Dept. of Economics

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