Ve present a general theory of consistent estimation for possibly misspecified parametric models based on recent results of Domowitz and White [17].This theory extends the iinification of Burguete, Gallant and Souza [12] by allowing for heterogeneous, time dependent data and d3mamic models. The theory is applied to yield consistency results for quasi-maximum likelihood and method of moments estimators. Of particular interest is a new generalized rank condition for identifiability.
SEP 3 19851 .
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