A SHAZAM User asked:
I had some problems running Shazam as follows.
C, I, Y are three endogenous variables. G and R are two exogenous variables.
There are three equations, two with constants and coefficients, but one is like this:
I wonder if I can still use the 2SLS function and so I wrote the code like this:
2SLS C Y (R G) / DN 2SLS I R (R G) / DN 2SLS Y C I G (R G) / RESTRICT RESTRICT C=1 RESTRICT I=1 RESTRICT G=1 END
But, it doesn't work. The results are different to my analytical results, which I'm pretty sure are correct.
Can you please help me with this.