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Question:
(a) Distinguish between endogenous and exogenous variables in a simultaneous equation model?
b) Write down two equations which can be solved simultaneously, determine whether they are identified or over-identified and get the reduced form equations.
c) Can OLS be applied to the reduced form equations? Justify your answer.
d) Distinguish between a simultaneous model and a recursive model and show clearly that OLS can be applied to a recursive model.
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apple is having too much cash, discuss six reasons of why shareholders are so worried
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I have a case study to do for my financial markets and institutions subject. I''ve been struggling with one of the questions. So I need help if possible, the question is "What do y
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