In a Simultaneous equation model the OLS can be applied if:
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UGC-NET 2026 Question 54: Endogeneity, instruments and simultaneous equations
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Endogeneity, instruments and simultaneous equations has come up 8 times in 3 exams since 2021.
What this question tests
This question is on Simultaneous equations: identification and estimation, part of Endogeneity, instruments and simultaneous equations in Econometrics.
When a system of equations can be estimated and by which method.
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Question from the UGC-NET 2026 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.