Prediction after IV estimation

In the context of a single equation in a system of simultaneous equations there is evidently some confusion in the literature as to the correct approach to the problem of prediction. Here we explore this problem and compare three different approaches to it. We also relate this discussion to current practice.

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Year of publication:	2014
Authors:	Skeels, Christopher L. ; Taylor, Larry W.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 122.2014, 3, p. 420-422
Publisher:	Elsevier
Subject:	Prediction \| IV estimation \| Structural equation

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Type of publication:	Article
Classification:	C10 - Econometric and Statistical Methods: General. General ; C30 - Econometric Methods: Multiple/Simultaneous Equation Models. General ; c36
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010743675