Exogeneity and Superexogeneity: A No-tear Perspective
نویسنده
چکیده
There is hardly a concept in econometrics that is more enigmatic and controvertial than that of exogeneity. This report|an edited excerpt from (Pearl 2000)|claims that exogeneity is a rather simple concept, readily de nable in terms of standard econometric models, and that the confusion stems primarily from improper usage of statistical vocabulary in a structural framework.
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