Conditional Moment Restrictions and Triangular Simultaneous Equations

A-Tier
Journal: Review of Economics and Statistics
Year: 2011
Volume: 93
Issue: 2
Pages: 683-689

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

It is shown that in a nonparametric nonseparable triangular system, the conditional moment restriction (CMR) does not identify the average structural function (ASF). The CMR identifies the ASF only if the model is structurally separable in observable covariates and unobservable random errors. This excludes, for instance, random coefficient models in which the CMR in general does not identify the average response. An implication of our results is that empirical researchers should use methods other than CMR if they want to estimate the average response in models that are not additively separable. © 2011 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Technical Details

RePEc Handle
repec:tpr:restat:v:93:y:2011:i:2:p:683-689
Journal Field
General
Author Count
2
Added to Database
2026-01-25