Aufsatz(elektronisch)#1Juni 1991
Latent variables in econometrics
In: Statistica Neerlandica, Band 45, Heft 2, S. 73-84
ISSN: 1467-9574
Unobservable variables in econometrics are represented in one of three ways: by variables contaminated by measurement errors, by proxy variables, or by various manifest indicators and/or causes. This paper contains a discussion of models involving each of these representations, and highlights certain interesting implications that have been insufficiently emphasized or completely unrecognized in the literature.