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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 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 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
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