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 ...

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 ...

Equations that have more than one unknown can have an infinite number of solutions. For example, \(2x + y = 10\) could be solved by: \(x = 1\) and \(y = 8\) \(x = 2\) and \(y = 6\) \(x = 3\) and \(y = ...

The International Economic Review was established in 1960 by two of the most active and acclaimed scholars in the economics profession: Michio Morishima, who was then at Osaka University's Institute ...

with B * = I- B. This requires that one of the preceding equations be solved for P t. Solving the second equation for P t yields You can estimate the intercepts of a system of simultaneous equations ...

THE calculating machine for the solution of differential equations constructed by Dr. V. Bush, of the Massachusetts Institute of Technology, has attracted a great deal of attention, and a similar ...