SEMAINE D'ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC. 125 where the vector (19) y it Ji is formed by current endogenous variables in such manner that for any specified : the variable y, may or may not occur in y,, and mav occur twice or more: and where 20) a, 4 — i that is, matrix A is such that the relation for y,, does no involve this variable in the right-hand member. System (18) is the primary (or structural) form of the model. Regarding the primary form (18) as a system of implicit rela- tions for determining the current endogenous variables, and solving for these variables in terms of predetermined variables, we obtain the model in reduced form, (21) R z,- wm, where (22a-b) RK=—l A y IB: w=" and where we assume that the relations make eo ipso predictors for the current endogenous variables. (23) Ew, IR z)=R We note the following general features of interdependent systems (18): 1) The primary form (18) contains as many relations as endo- genous variables; 2) The matrix (I - A) 1s nonsingular. 21 Wold - pag. 11