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This note derives primitive conditions for global identification in nonlinear simultaneous equations systems …. Identification is semiparametric in the sense that the latent structural disturbance is only known to satisfy a number of … orthogonality restricitions with respect to observed instruments. Our contribution to the literature on identification in a …
Persistent link: https://www.econbiz.de/10010536387
This paper focuses on nonseparable structural models of the form Y = m(X, U, α0) with U X and in which the structural parameter α0 contains both finite dimensional (θ0) and infinite dimensional (h0) unknown components. Our proposal is to estimate α0 by a minimum distance from...
Persistent link: https://www.econbiz.de/10010536503
This paper derives primitive conditions for global identification in nonlinear simultaneous equations systems …. Identification is semiparametric in the sense tht it is based on a set of unconditional moment restrictions. Our contribution to the … for identification in nonlinear structural systems even in the presence of multiple equilibria. Second, we provide …
Persistent link: https://www.econbiz.de/10010843059
model. Our nonparametric identification result is global; we derive it under conditions that are substantially weaker than …
Persistent link: https://www.econbiz.de/10010817519
This paper establishes the identifiability of the parameters of the Box-Cox model under restrictions that do not require the disturbance in the model to be independent of the explanatory variables. The proposed restrictions are semiparametric in nature: they restrict the support of the...
Persistent link: https://www.econbiz.de/10010817524