INDIRECT LEAST SQUARES METHOD

In economic fields, most of obsevation can be modeled for then one equation where often occure one or some variables appear in equation. This condition conventional least squares method cannot be applied directly. This papper will study how indirect least squares method work in simultaneous equation...

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Bibliographic Details
Main Author: KOMIR (NIM: 20107039), AHMAD
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/11762
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Institution: Institut Teknologi Bandung
Language: Indonesia
Description
Summary:In economic fields, most of obsevation can be modeled for then one equation where often occure one or some variables appear in equation. This condition conventional least squares method cannot be applied directly. This papper will study how indirect least squares method work in simultaneous equation rigorously. bagaimana metode kuadrat terkecil tak langsung bekerja pada persamaan simultan. For case study macroeconomic data of United States from 1960-1981 taken from Economic Report of the President.