Showing 1 - 6 of 6
An important issue in both welfare and development economics is the interaction between institutions and economic outcomes. While welfarists are typically concerned with how these variables contribute to overall wellbeing, empirical assessments of their joint contribution are limited....
Persistent link: https://www.econbiz.de/10010623940
This paper proposes a convenient measure of the degree of distributional overlap, both parametric and nonparametric, useful in measuring the degree of Polarization, Alienation, and Convergence. We show the measure is asymptotically normally distributed, making it amenable to inference in...
Persistent link: https://www.econbiz.de/10008583024
This paper considers the power and size properties of some well known nonparametric linear rank tests for location and scale as well as the Kolmogorov-Smirnov omnibus test and proposed alternatives to it. Independence between some classes of linear rank tests is established facilitating their...
Persistent link: https://www.econbiz.de/10005644512
In this paper, we develop a test of the normality assumption of the errors using the residuals from a nonparametric kernel regression. Contrary to the existing tests based on the residuals from a parametric regression, our test is thus robust to misspecification of the regression function. The...
Persistent link: https://www.econbiz.de/10005644463
We propose a nonparametric test of the hypothesis of conditional independence between variables of interest based on a generalization of the empirical distribution function. This hypothesis is of interest both for model specification purposes, parametric and semiparametric, and for...
Persistent link: https://www.econbiz.de/10010975475
Specification tests for conditional heteroskedasticity that are derived under the assumption that the density of the innovation is Gaussian may not be powerful in light of the recent empirical results that the density is not Gaussian. We obtain specification tests for conditional...
Persistent link: https://www.econbiz.de/10005644444