is used here as a of widespread standardized assessment procedures, such as tests, questionnaires, scales, algorithms … of ensuring assessment tool reliability and validity; analysis results. Description of the tool should always include … structure of the tool, and scoring. Description of the method of verifying assessment tool reliability and validity should …

specification of a model. Using the best available tests, one can reduce the probability of estimating econometric models that are … misspecified. This paper investigates the small sample performance of four well-known cointegration tests when a system has been …, Johansen's (1991) trace and the Boswijk (1989) Wald tests are examined. The Johansen trace test adjusted by the finite sample …

panel unit root and cointegration tests in the context of PPP. It highlights various drawbacks of existing methods. First …, unit root tests suffer from severe size distortions in the presence of negative moving average errors. Second, the common …

detecting periodically collapsing bubbles, thereby overcoming a weakness in earlier applications of unit root tests for economic …

models. In this paper we set forth four key properties which tests of multiple inequality constraints should ideally satisfy … that the predominant tests currently used in econometrics do not appear to enjoy all these properties simultaneously. We … tests. A full asymptotic theory is provided for the baseline. Simulation results show that the finite-sample performance of …