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by jack anderson
Mon Sep 25, 2023 10:33 am
Forum: Method and application
Topic: Endogeneity issues in recursive SEM (use copulas?)
Replies: 1
Views: 1898

Endogeneity issues in recursive SEM (use copulas?)

Consider the following structural equations: store sales := f(store visits, x_1, x_2) store visits := f(x_1, x_2) Where as x_1, x_2 denotes promotional activity spending. Note that x_1, x_2 are not the sole drivers behind store visits, we also have a baseline of store visits. In this case: assume th...