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violation of such assumptions can lead to serious modelling aws. We propose here a bootstrap-corrected conditional moment …
Persistent link: https://www.econbiz.de/10010878453
violation of such assumptions can lead to serious modelling flaws. We propose here a bootstrap-corrected conditional moment …
Persistent link: https://www.econbiz.de/10010743732
Popular perception holds that employment stability has decreased in recent decades. However, no conclusive evidence exists on secular declines in the length of jobs held. Furthermore, most studies conclude that the proportion of long term jobs has remained remarkably stable over the last few...
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A misspecification test based directly on Bartlett’s First Identity is examined. This test is exemplified by the negative binomial distribution. A Monte Carlo simulation study has been conducted, in the context of testing distributional misspecification, and the performance of the proposed...
Persistent link: https://www.econbiz.de/10010847923
matrix test for censored models with bootstrap critical values. In order to evaluate its properties, we run a comprehensive … that, while asymptotic critical values can be seriously misleading, the use of bootstrap critical values results in a test …
Persistent link: https://www.econbiz.de/10010848091
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