Han, Chirok; Cho, Jin Seo; Phillips, Peter C. B. - Institute of Economic Research, Korea University - 2009
Statistics are developed to test for the presence of an asymptotic discontinuity (or infinite density or peakedness) in a probability density at the median. The approach makes use of work by Knight (1998) on L1 estimation asymptotics in conjunction with non-parametric kernel density estimation...