In this paper a review of the simultaneous equation models where some exogenous variables are subject to measurement errors will be presented. The conditions of the issues of identification and various estimation methods where there are two alternative approaches can be used to estimate a simultaneous equation model with measurement error will be introduced.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.