Live briefing
Everything about Structural estimation
In econometrics, structural estimation is a technique for estimating deep "structural" parameters of theoretical economic models. The term is inherited from the simultaneous equations model, also used in other fields. Structural estimation is extensively using the equations from the economics theory, and in this sense is contrasted with "reduced form estimation" and other nonstructural estimations that study the statistical relationships between the observed variables while utilizing the economics theory very lightly. The idea of combining statistical and economic models dates to mid-20th century and work of the Cowles Commission. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Structural estimationA 5-minute orientation
- Skim a recent paper: Structural displacement estimation by a hybrid computer vision approachInfluential work since 2022
- Pick up a classic book: Infrastructure InvestmentThe most-reprinted book on the subject
- Read the landmark paper: Structural Model Evaluation and Modification: An Interval Estimation ApproachCited 5,782 times
- Go sideways: Methodology of econometricsA closely related topic
- Go sideways: Simultaneous equations modelA closely related topic
📖 Definitions
No dictionary entry for this exact phrase.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
Structural Model Evaluation and Modification: An Interval Estimation Approach
Estimation procedures for structural time series models
Joint input-state estimation in structural dynamics
Underidentification, Structural Estimation, and Forecasting
Estimation of heterogeneous panels with structural breaks
New Algorithm for Structural Reliability Estimation
Estimation for Polynomial Structural Equation Models
Structural biology and phylogenetic estimation
🆕 Influential since 2022
Structural displacement estimation by a hybrid computer vision approach
Improved seismic intensity measures and regional structural risk estimation models
How Costly is Tax Avoidance? Evidence from Structural Estimation
An Adversarial Approach to Structural Estimation
Structural Health Monitoring Cost Estimation of a Piezosensorized Aircraft Fuselage
📚 Books worth reading
- 📕Infrastructure InvestmentDavid G. Carmichael · 2014
Railroad structures and estimatesJohn Wilson Orrock · 1909- 📕On estimating the basin-scale ocean circulation from satellite altimetryChang-Kou Tai · 1988
- 📕Multi-disciplinary system reliability analysisSankaran Mahadevan · 1997
Landscape estimating methodsSylvia Hollman Fee · 1999
Invitation to Fixed Parameter AlgorithmsRolf Niedermeier · 2006
Spon's Fabrication Norms for Offshore StructuresFranklin & Andr · 1992
Cost estimating manual for pipelines and marine structuresJohn S. Page · 1977
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Methodology of econometrics The methodology of econometrics is the study of the range of differing approaches to undertaking econometric analysis. The econometric approaches can be…
- Simultaneous equations model Simultaneous equations models are a type of statistical model in which the dependent variables are functions of other dependent variables, rather than…
- Reduced form In statistics, and particularly in econometrics, the reduced form of a system of equations is the result of solving the system for the endogenous variables…
- Econometrics Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it…
- Control function (econometrics) Control functions (also known as two-stage residual inclusion) are statistical methods to correct for endogeneity problems by modelling the endogeneity…
- Cowles Foundation The Cowles Foundation for Research in Economics is an economic research institute at Yale University. It was created as the Cowles Commission for Research…
- Endogeneity (econometrics) In econometrics, endogeneity broadly refers to situations in which an explanatory variable is correlated with the error term. In simplest terms, endogeneity…
- Denis Sargan John Denis Sargan, FBA (23 August 1924 – 13 April 1996) was a British econometrician who specialized in the analysis of economic time-series. Sargan was…