Displaying 1 result from an estimated 1 matches for "kathrinchen".
2013 Jul 11
1
Testing for weak exogeneity in a SUR ECM
Dear all,
I have set up a Labour Demand Error Correction Model for some German federal
states.
As I expect the labour markets to be correlated I used a Seemingly Unrelated
Regression using systemfit in R.
My Model is:
d(emp)_it = c + alpha*ln(emp)_i,t-1 + beta_1*ln(gdp)_i,t-1 + +
beta_2*ln(wage)_i,t-1 + + beta_1*ln(i)_i,t-1 + gamma_1*d(gdp)_it +
gamma_2*d(wage)_it
with emp_it being the