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Semiparametric efficiency bounds

Newey, Whitney K.·1990·Journal of Applied Econometrics

Abstract

Semiparametric models are those where the functional form of some components is unknown. Efficiency bounds are of fundamental importance for such models. They provide a guide to estimation methods and give an asymptotic efficiency standard. The purpose of this paper is to provide an introduction to research methods and problems for semiparametric efficiency bounds. The nature of the bounds is discussed, as well as ways of calculating them. Their uses in solving estimation problems are outlined, including construction of semiparametric estimators and calculation of their limiting distribution. The paper includes new results as well as survey material.

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Metadata

Authors
Newey, W. K.
Venue
Journal of Applied Econometrics
Publisher
Wiley
Published
1990-04
Volume
5
Issue
2
Pages
99-135
ISSN
  • 0883-7252 (ISSN-L)
  • 1099-1255
OpenAlex
W2129086422
Cited by
530
References
1
FWCI
8.94
Type
journal article
Language
en
Open access
closed

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Newey, W. K. (1990). Semiparametric efficiency bounds. Journal of Applied Econometrics. https://doi.org/10.1002/jae.3950050202

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