The use of structural models in econometrics
This paper discusses the role of structural economic models in empirical analysis and policy design. The central payoff of a structural econometric model is that it allows an empirical researcher to go beyond the conclusions of a more conventional empirical study that provides reduced-form causal re...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
American Economic Association
2017
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