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econ.EM2026
Repairing Locally Misspecified GMM: An Empirical Bayes Approach
Patrick Kline
Econometric models offer parsimonious but inexact approximations to data-generating processes. This paper studies the generalized method of moments (GMM) when exchangeable specific…
econ.EM2025
Adapting to Misspecification
Timothy B. Armstrong, Patrick Kline, Liyang Sun
Empirical research typically involves a robustness-efficiency tradeoff. A researcher seeking to estimate a scalar parameter can invoke strong assumptions to motivate a restricted e…