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ON THE INTERPRETATION OF THEIL'S METHOD OF ESTIMATING ECONOMIC RELATIONSHIPS
Author(s) -
Klein L. R.
Publication year - 1955
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.1955.tb00750.x
Subject(s) - interpretation (philosophy) , economics , econometrics , positive economics , mathematical economics , philosophy , linguistics
S ummary : § 1. An outline of Theil's theory. –§ 2. An interpretation of Theil's theory – the method of instrumental variables. –§ 3. Comparison of two‐rounds and limited information estimates. –§ 4. Remarks on other methods.