Specification Testing for Nonparametric Structural Models with Monotonicity in Unobservables

• Main Authors: HODERLEIN, Stefan, SU, Liangjun, WHITE, Halbert
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2011
• 主題: Control variables; covariates; endogenous variables; exogeneity; monotonicity; nonparametric; nonseparable; speciÖcation test; unobserved heterogeneity; Econometrics
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/1396; https://ink.library.smu.edu.sg/context/soe_research/article/2395/viewcontent/hw_11_07_11_monotonicity_testing_cond_exogeneity.pdf

Monotonicity in a scalar unobservable is a now common assumption in economic theory and applications. Among other things, it allows one to recover the underlying structural function from certain conditional quantiles of observables. Nevertheless, monotonicity is a strong assumption, and its failure...