GLSEM and TS Models

  • Phoebus J. Dhrymes


In this chapter, we take up two important applications, involving simultaneous equation, AR, and ARMA models, which are very important in several disciplines, such as economics, other social sciences, engineering and statistics. We partially discussed such topics in Chap. 4, in the context of difference equations, since simultaneous equation and AR models involve the use of difference equations and it is important to establish the nature and the properties of their solutions.


Ordinary Little Square Exogenous Variable Endogenous Variable Generalize Little Square Ordinary Little Square Estimator 
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Authors and Affiliations

  • Phoebus J. Dhrymes
    • 1
  1. 1.Department of EconomicsColumbia UniversityNew YorkUSA

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