Showing 1 - 5 of 5
We consider the identification of empirical models of supply and demand. As is well known, a supply-side instrument can resolve price endogeneity in demand estimation. We show that, under common assumptions, two other approaches also yield consistent estimates of the joint model: (i) a...
Persistent link: https://www.econbiz.de/10012019872
Persistent link: https://www.econbiz.de/10010399056
Persistent link: https://www.econbiz.de/10010400296
Persistent link: https://www.econbiz.de/10010366287
Persistent link: https://www.econbiz.de/10009618326