Closest Moment Estimation under General Conditions
نویسندگان
چکیده
This paper considers Closest Moment (CM) estimation with a general distance function, and avoids the assumption of nonsingular quadratic local behavior. The results of Manski (1983), Newey (1988), Pötscher and Prucha (1997), and de Jong and Han (2002) are obtained as special cases. Consistency and a root-n rate of convergence are obtained under mild conditions on the distance function and on the moment conditions. Asymptotic normality is obtained as a special case when the distance function displays nonsingular quadratic behavior.
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تاریخ انتشار 2002