Structural estimation is a statistical technique used in econometrics and other fields to estimate the parameters of a theoretical model based on observed data. The core idea is to explicitly model the underlying processes that generate the data, rather than simply fitting a model to the data without considering its theoretical foundations. Here are some key aspects of structural estimation: 1. **Structural Models**: These are models that incorporate specific economic or behavioral theories to describe relationships between variables.
Articles by others on the same topic
There are currently no matching articles.