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Models in Betahat

As a demonstration of the ability of Betahat to estimate and simulate multiequation systems we are providing the command and datasets for well known econometric models.

FairModel

We obtained the FairModel from the FairModel site, which has complete documentation for the model.  If you have a full version of Betahat (not the demo since it has a restriction on the number of observations) you can re-estimate and simulate this model. The FairModel in Betahat has 27 stochastic equations and 215 identities.  We provide the raw data and command file for Betahat to read in the data, perform transformations, specify, estimate and save the equations, specify and save the identities, and simulate the model.