I use the systemfit package to evaluate Simultaneous Equations Models (for example 2SLS). But I do not understand how to predict endogenous variables using the new values of exogenous variables using this package.

Therefore, I would like to know how to make prediction (including prediction intervals) using models of simultaneous equations in the "systemfit" package or in some other way (maybe someone knows other packages for this).

I am also interested in how I can calculate the elastic coefficients of models.

I will be grateful to the literature on the topic of modeling simultaneous equations in R.

  • $\begingroup$ You sohuld try Cross Validated @ stats.stackexchange.com $\endgroup$ – Pedro Cavalcante Dec 16 '19 at 23:26
  • $\begingroup$ But this topic is about econometrics $\endgroup$ – Vitalіі Dec 17 '19 at 23:25
  • $\begingroup$ @Pedrocavalcante CV usually rejects software related questions unless they contain an underlying statistical question. $\endgroup$ – Maarten Punt Dec 18 '19 at 7:26
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    $\begingroup$ @Vitalii your question on how to calculate elasticities in such models may fit at CV provided you are not solely interested in which code to type in R. There are a bunch of great econometricians there too. $\endgroup$ – Maarten Punt Dec 18 '19 at 7:30

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