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We propose an easily implementable test of the validity of a set of theoretical restrictions on the relationship between economic variables, which do not necessarily identify the data generating process. The restrictions can be derived from any model of interactions, allowing censoring and...
Persistent link: https://www.econbiz.de/10005022959
Persistent link: https://www.econbiz.de/10005192291
We propose a methodology for combining several sources of model and data incompleteness and partial identification, which we call Composition Theorem. We apply this methodology to the construction of confidence regions with partially identified models of general form. The region is obtained by...
Persistent link: https://www.econbiz.de/10011052223