[Gretl-devel] Re: Simulate simultaneous equation model

I'd even say you can go a long way with linear behavioral systems in the sense that some variables only appear in logs (including log-differences as growth rates) and others only in raw levels (including absolute differences, e.g. for interest rates). This would be less general than your example above where x and y appear both in levels as well as in logs. Then you could estimate it in gretl as a system directly -- OK you can't do FIML because the non-linear identities linking the logs and the levels are not allowed. But that's not too bad IMHO.