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factor analysis (CFA), verify construct validity by testing associations with quality-related factors (e.g., child …-caregiver ratio), and check concurrent validity of the instruments' total scores. We then explore how we can use the data from these … validity across instruments revealed low correlations between overall scores on CLASS and the other instruments. Moderate …
Persistent link: https://www.econbiz.de/10011555482
This paper examines the asymptotic and finite-sample properties of tests of equal forecast accuracy when the models being compared are overlapping in the sense of Vuong (1989). Two models are overlapping when the true model con- tains just a subset of variables common to the larger sets of...
Persistent link: https://www.econbiz.de/10009310965
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10010353550
Persistent link: https://www.econbiz.de/10012503610
We investigate a test of equal predictive ability delineated in Giacomini and White (2006; Econometrica). In contrast to a claim made in the paper, we show that their test statistic need not be asymptotically Normal when a fixed window of observations is used to estimate model parameters. An example...
Persistent link: https://www.econbiz.de/10012064875
In this note we provide simulation evidence on the size and power of tests of predictive ability described in Giacomini … parameterizations of these DGPs as a means of evaluating the size and power properties of the proposed tests. While some of our results …
Persistent link: https://www.econbiz.de/10011998061
Persistent link: https://www.econbiz.de/10014456879
Persistent link: https://www.econbiz.de/10003740498
Europe's power system is still marked by a distinct national component, and despite some regions with strongly … integrated power systems, electricity supply today still has a largely national basis. Policies to decarbonise the power sector … may fundamentally alter this situation, because power generation from renewable, carbon-neutral sources may require large …
Persistent link: https://www.econbiz.de/10010532121
This paper focuses on technologies which use thermo-chemical or biochemical processes to convert biomass into electricity. We present the results from an expert elicitation exercise involving sixteen leading experts coming from different EU Member States. Aim of the elicitation was to assess the...
Persistent link: https://www.econbiz.de/10009714384