Fernandes, Marcelo; Mendes, Eduardo F.; Scaillet, Olivier - National Centre of Competence in Research - Financial … - 2011
We derive nonparametric tests of symmetry using asymmetric kernels with either shrinkingor fixed bandwidths. We show how to extend the approach to examine conditional symmetry byderiving conditions under which our tests are applicable to residuals from semiparametric modelswith a (sufficiently...