Class notes
FUNCTIONAL DEPENDENCE AND SOLUTION TO SIMULATNEOUS EQUATIONS : MATHEMATICS FOR ECONOMISTS III
- Institution
- Yale University
The Jacobian matrix can help to test whether there exists functional linear dependence in a set of ݊ functions in ݊ variables. It is a matrix of the first order partial derivatives. If the functions are linearly dependent, the determinant of the Jacobian matrix is 0.
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