The interpretation of instrumental variables estimators in simultaneous equations models with an application to the demand for fish.

In markets where prices are determined by the intersection of supply and demand curves, standard identification results require the presence of instruments that shift one curve but not the other. These results are typically presented in the context of linear models with fixed coefficients and addit...

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Bibliographic Details

Published in:	Review of Economic Studies pp. 499 - 528
Main Authors:	Angrist, Joshua D., Graddy, Kathryn, Imbens, Guido W.
Format:	Article
Published:	Oxford University Press / UK 3) (July 2000
Subjects:	Simultaneous equations Instrumental variables (Statistics) Estimation theory Seafood markets
Online Access:	View this record in EBSCOhost