Simultaneous equation models - an introduction

This video provides an introduction to simultaneous equation models in econometrics, and highlights some of the issues inherent on attempting to estimate these systems.
Check out oxbridge-tutor.... for course materials, and information regarding updates on each of the courses. Check out ben-lambert.co... for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: ben-lambert.co... Accompanying this series, there will be a book: www.amazon.co....

[@voiceofusmanau]

Ben u r a champion. i am making notes by listening to ur lectures my concepts are getting better and better. thank you

[@shipraeconomic6794]

You are the best teacher ❤

[@DCChosen]

Thanks a lot - your videos help me so much

[@sammypan3528]

Well taught as always! Thank you so much!

[@nosliwride861]

Just saw your video, I actually have seen a question that is set up the exact same way you posted it but there a result is expected in OLS

[@KeddingtonKKB_Official]

awesome stuff!!!

[@cek4324]

Why is it beta 1 coefficient for all the rewritten equation? Why do you put a beta 1 infront of epsilon 2 ?

[@KeddingtonKKB_Official]

they're multiplying. the entire Status Equation is multiplying with beta 1

[@azizajones6678]

Thank you for explaining.

[@mdmanikislam8506]

Thank you

[@andiarief6828]

sir, or someone, can you think of another example of SEM?

[@dearJOHN01]

supply and demand, both are function of price.

[@GolichaLibanDido]

Thank

[@brunovargassanmartin9658]

God bless u