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Global Identification In Nonlinear Semiparametric Models
Abstract
This paper derives primitive conditions for global identification in nonlinear simultaneous equations systems. Identification is semiparametric in the sense tht it is based on a set of unconditional moment restrictions. Our contribution to the literature is twofold. First, we derive a set of unconditional moment restrictions on the observables that are the starting point for identification in nonlinear structural systems even in the presence of multiple equilibria. Second, we provide primitive conditions under which a parameter value that solves those restrictions is unique. We apply our results a nonlinear IV model with multiple equilibria and give sufficient conditions for identifiability of its paramters.
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