Showing 1 - 10 of 63
dummy variables goes a long way in mitigating their negative effects on the bias and mean squared error of the estimator …
Persistent link: https://www.econbiz.de/10005036250
-systematic impact of omitted variable bias in primary studies. Our results show that the mixed effects estimator is to be preferred to … non-systematic impact of omitted variable bias, using the mixed effects estimator may be suboptimal. We also address the … impact of sample size and show that meta-analysis sample size is far more effective in reducing meta-estimator variance and …
Persistent link: https://www.econbiz.de/10005136866
suitable for model identification. The BDS test and the modified version are compared numerically. To enable fair power …A test for serial independence is proposed which is related to the BDS test but focuses on tail event probabilities … rather than probabilities near the center of the distribution. The motivation behind this approach is to obtain a test more …
Persistent link: https://www.econbiz.de/10005137063
By combining two alternative formulations of a test statistic with two alternative resampling schemes we obtain four … implementations is shown to break down in dynamic regression models. Then the procedure based on the test statistic approach performs …
Persistent link: https://www.econbiz.de/10005137131
Item response theory is one of the modern test theories with applications in educational and psychological testing … that hypothesis tests on these traits can, in principle, be performed. But the existing test methodology is based on …
Persistent link: https://www.econbiz.de/10008838530
nonparametric methods. The estimated spot variance path can be used to extend an existing high frequency jump test statistic, to …
Persistent link: https://www.econbiz.de/10008513245
The system GMM estimator for dynamic panel data models combines moment conditions for the model in first differences … with moment conditions for the model in levels. It has been shown to improve on the GMM estimator in the first differenced …
Persistent link: https://www.econbiz.de/10008531426
significance tables for K=3,...,15. An example involving economic growth rates of the G7 countries illustrates that the HWM test …
Persistent link: https://www.econbiz.de/10005136931
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of...
Persistent link: https://www.econbiz.de/10005136946
This paper introduces a representation of an integrated vector time series in which the coefficient of multiple correlation computed from the long-run covariance matrix of the innovation sequences is a primitive parameter of the model. Based on this representation, a notion of near cointegration...
Persistent link: https://www.econbiz.de/10005137044