The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Jan, 1965, Volume 33, Issue 1
https://doi.org/0012-9682(196501)33:1<1:ACIATT>2.0.CO;2-K
p. 1-41
Robert Summers
The small sample properties of five standard simultaneous equation estimating methods are examined by means of the distribution sampling technique. The methods are appraised on the basis of the sampling properties of three different kinds of estimates generated by them: (1) conditional predictions, (2) structural coefficient estimates, and (3) Studentized estimates of structural coefficients. Though one basic model is employed in the investigation, variants used in particular sampling experiments make it possible to compare the methods with respect to bias and efficiency in estimation in the presence of substantial multicollinearity in the redetermined variables and under certain conditions of misspecification. Careful attention is paid to the stochastic variation which necessarily is present in distribution sampling applications.
March 5, 2024
The terms of the Editors of the Econometric Society's three journals end June 30, 2025. We are pleased to announce the incoming Editors and to thank the outgoing Editors for their excellent and continuing service.
Econometrica: Since 2019, Guido Imbens has served as the 14th Editor of Econometrica. On July 1, 2025, Marina Halac will become the Editor.
Quantitative Economics: Stéphane Bonhomme has been the Editor of Quantitative Economics since 2021. His successor will be Bernard Salanié.
Theoretical Economics: The Editor of Theoretical Economics since 2021 has been Simon Board. Taking over for him in July 2025 will be Federico Echenique.
Guido, Stéphane, and Simon have been outstanding Editors. We are grateful to them for the work they have done and will continue to do, and we look forward to further congratulating them next year. We believe Marina, Bernard, and Federico will be outstanding successors and we thank them in advance for their service.
Finally, we are grateful to Larry Samuelson for chairing all three search committees, and we thank the search committee members for their hard and fruitful work:
Econometrica: Christian Dustmann, Lars Hansen, Alessandro Lizzeri, George Mailath, Ariel Pakes, Helene Rey, and Elie Tamer.
QE: Kate Ho, Michael Keane, Felix Kubler, Whitney Newey, and Frank Schorfheide.
TE: Jeff Ely, Johannes Horner, Gilat Levy, Meg Meyer, and Ran Spiegler.
