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Structural Equation Modeling
Kuzminskaya, Kseniya ; Pešta, Michal (advisor) ; Lachout, Petr (referee)
Structural Equation Models (SEM) - also called Simultaneous Equation Models - are used to describe relationships among a set of variables. Similarly as in multivariate regression models, some of the variables are treated as predictors and the others as outcomes. However, unlike in a classical regression model, a variable, which is outcome in one equation, can become a predictor in another equation. SEM are even able to handle variables, which are not measured directly but only through their effects. They are often used in econometrics or socio-economics.

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