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Simultaneous Equations Estimation

Authors: Craig Swan;

Simultaneous Equations Estimation

Abstract

This chapter examines some estimation questions that arise in learning models commonly used by economists doing research on economic education. Specifically, the discussion focuses on simultaneous equations problems in the context of models that attempt to explain the understanding of economics after having taken a college level principles of economics course.1 These models have traditionally been used to evaluate innovations in economic education. The first part of the chapter discusses possible simultaneous equations estimation problems of traditional learning models. The second part of the chapter offers a reformulation of the model. This reformulation may have intuitive appeal to some people. Estimation of the reformulation is also discussed.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
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