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• W2037649356 abstract "This paper derives limit distributions of empirical likelihood estimators for models in which inequality moment conditions provide overidentifying information. We show that the use of this information leads to a reduction of the asymptotic mean-squared estimation error and propose asymptotically uniformly valid tests and confidence sets for the parameters of interest. While inequality moment conditions arise in many important economic models, we use a dynamic macroeconomic model as a data generating process and illustrate our methods with instrumental variable estimators of monetary policy rules. The results obtained in this paper extend to conventional GMM estimators." @default.
• W2037649356 created "2016-06-24" @default.
• W2037649356 creator A5028461018 @default.
• W2037649356 creator A5053993503 @default.
• W2037649356 date "2009-12-01" @default.
• W2037649356 modified "2023-10-06" @default.
• W2037649356 title "Estimation with overidentifying inequality moment conditions" @default.
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• W2037649356 doi "https://doi.org/10.1016/j.jeconom.2009.05.003" @default.
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