期刊名称:Discussion Papers in Economics / Department of Economics, University of Surrey
出版年度:2012
卷号:2012
出版社:University of Surrey
摘要:The paper approaches structural econometric models using an algebraic approach . It shows that the
invariance properties of the reduced form and the decision to exclude some of the exogenous variables
from the structural equations fundamentally affect the functional form of the structural equation itself.
A local approach based on Lie group theory shows that the functional form of the structural equation
can be partially recovered from the invariance properties of the reduced form equations.