This function evaluates a fitted CES model for economic meaningfullness as expressed in constraints on
delta_1, sigma_1 and, if present, delta_2, sigma_2, delta, and sigma.
Specifically, this function checks whether 0 <= delta <= 1 and sigma >= 0
withinConstraints(model)
| model | the CES model to be evaluated |
|---|
TRUE if the fitted model is within the constraints, FALSE if not.
Missing, NULL, and NA parameters are interpreted as meeting constraints.
If none of delta_1, sigma_1, delta_2, sigma_2, delta, and sigma
is present, FALSE is returned.
This function relies upon the presence of the naturalCoeffs attribute to model.
If naturalCoeffs is NULL, FALSE is returned.