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by rei
Sat Jul 04, 2015 11:07 am
Forum: Estimation
Topic: About the exogenous variables in 3sls
Replies: 2
Views: 2226

Re: About the exogenous variables in 3sls

Thanks for your prompt reply. To make it clearer, my study is on the effect of capital flows on Exchange Market Pressure (EMP) of the emerging markets. I introduce two other endogenous variable, i.e. credit growth and asset inflation, as these are the mostly affected domestic variables during episod...
by rei
Sat Jul 04, 2015 10:16 am
Forum: Estimation
Topic: About the exogenous variables in 3sls
Replies: 2
Views: 2226

About the exogenous variables in 3sls

Hi, I'm currently studying the interrelationship between capital flows, credit growth and exchange market pressure. Since capital flows and credit growth will endogenously affect each other, I'll have to model a simultaneous equations model to identify the direct effect. My question is, when I try t...

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