Cookies?
Library Header Image
LSE Theses Online London School of Economics web site

Dynamic structural equation models: Estimation and interference.

Ciraki, Dario (2007) Dynamic structural equation models: Estimation and interference. PhD thesis, London School of Economics and Political Science (United Kingdom).

[img]
Preview
PDF
Download (8MB) | Preview

Abstract

The thesis focuses on estimation of dynamic structural equation models in which some or all variables might be unobservable (latent) or measured with error. Moreover, we consider the situation where latent variables can be measured with multiple observable indicators and where lagged values of latent variables might be included in the model. This situation leads to a dynamic structural equation model (DSEM), which can be viewed as dynamic generalisation of the structural equation model (SEM). Taking the mismeasurement problem into account aims at reducing or eliminating the errors-in-variables bias and hence at minimising the chance of obtaining incorrect coefficient estimates. Furthermore, such methods can be used to improve measurement of latent variables and to obtain more accurate forecasts. The thesis aims to make a contribution to the literature in four areas. Firstly, we propose a unifying theoretical framework for the analysis of dynamic structural equation models. Secondly, we provide analytical results for both panel and time series DSEM models along with the software implementation suggestions. Thirdly, we propose non-parametric estimation methods that can also be used for obtaining starting values in maximum likelihood estimation. Finally, we illustrate these methods on several real data examples demonstrating the capabilities of the currently available software as well as importance of good starting values.

Item Type: Thesis (PhD)
Uncontrolled Keywords: Statistics
Sets: Collections > ProQuest Etheses
URI: http://etheses.lse.ac.uk/id/eprint/2937

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only

Downloads

Downloads per month over past year

View more statistics