Published in:Cowles Foundation Discussion Paper ; No. 2184, July 2019
Extent:
1 Online-Ressource (125 p)
Language:
English
DOI:
10.2139/ssrn.3416831
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 8, 2019 erstellt
Description:
Standard tests and confidence sets in the moment inequality literature are not robust to model misspecification in the sense that they exhibit spurious precision when the identified set is empty. This paper introduces tests and confidence sets that provide correct asymptotic inference for a pseudo-true parameter in such scenarios, and hence, do not suffer from spurious precision