This is hopefully the last question I'll inundate you guys with :). I have tried eViews but I do not think it is for me unfortunately.
I want to estimate the following Phillips Curve using the Instrumental Variable method, pretending that real GDP (which is defined as the IV equations below) is the only available instrumental variable for predicting u_t (where _ denotes subscript).
Thank you in advance!
Instrumental variable, Phillips Curve and eViews
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LeonWalras
- Posts: 17
- Joined: Fri Mar 14, 2014 12:44 pm
Instrumental variable, Phillips Curve and eViews
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- IV equation
- Equation 3ciii.JPG (8.55 KiB) Viewed 2196 times
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- IV equation
- Equation 3cii.JPG (8.95 KiB) Viewed 2196 times
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- Section B equation.JPG (9.66 KiB) Viewed 2196 times
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