Consistency and asymptotic normality for equilibrium models with partially observed outcome variables

We derive conditions under which structural econometric models that rely on numerical computation of equilibria produce consistent and asymptotically normal parameter estimates. The conditions are weaker than those required for the application of the implicit function theory.

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Year of publication:	2014
Authors:	Miller, Nathan H. ; Osborne, Matthew
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 123.2014, 1, p. 70-74
Publisher:	Elsevier
Subject:	Equilibrium models \| Consistency \| Asymptotic normality

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Type of publication:	Article
Classification:	C51 - Model Construction and Estimation ; L10 - Market Structure, Firm Strategy, and Market Performance. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010743667