1. A statistical or econometric model consisting of two or more equations where dependent variables in one equation appear as independent variables in other equations, requiring simultaneous estimation
The researcher used a simultaneous equation model to analyze the relationship between supply and demand in the market.
O pesquisador utilizou um modelo de equações simultâneas para analisar a relação entre oferta e demanda no mercado.
2. A system of equations in econometrics where variables are jointly determined and interdependent
The simultaneous equation model revealed feedback effects between inflation and unemployment.
O modelo de equações simultâneas revelou efeitos de retroalimentação entre inflação e desemprego.