Sharp Identification Regions in Models With Convex Moment Predictions
Sharp Identification Regions in Models With Convex Moment Predictions
We provide a tractable characterization of the sharp identiā¦cation region of the parameters in a broad class of incomplete econometric models.Models in this class have set valued predictions that yield a convex set of conditional or unconditional moments for the observable model variables.In short, we call these models with convex ā¦