A cautionary note on tests of overidentifying restrictions

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 115
Issue: 2
Pages: 314-317

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this note, we argue that tests of overidentifying restrictions give little information on the validity of the moment conditions implied by the underlying economic model, and therefore are mute about the possibility of identifying the parameters of interest.

Technical Details

RePEc Handle
repec:eee:ecolet:v:115:y:2012:i:2:p:314-317
Journal Field
General
Author Count
2
Added to Database
2026-01-28