Otsu, Taisuke; Whang, Yoon-Jae - Cowles Foundation for Research in Economics, Yale University - 2005
We propose non-nested tests for competing conditional moment resctriction models using a method of empirical likelihood … Zhang and Gijbels (2003). By using the conditional implied probabilities, we develop three non-nested tests: the moment … encompassing, Cox-type, and effcient score encompassing tests. Compared to the existing non-nested tests which mainly focus on …