Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Apr, 1949, Volume 17, Issue 2

Identification Problems in Economic Model Construction

https://www.jstor.org/stable/1905689
p. 125-144

Tjalling C. Koopmans

Statistical inference, from observations to economic behavior parameters, can be made in two steps:inference from the observations to the parameters of the assumed joint distribution of the observations, and inference from that distribution to the parameters of the structural equations describing economic behavior. The latter problem of inference, described by the term "identification problem," is discussed in this article in an expository manner, drawing on other more original work for concepts and theorems, using a number of examples drawn partly from econometric literature.


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