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Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study...
Persistent link: https://www.econbiz.de/10009784010
based on empirical evidence. Whether there is a normative problem, and whether legal intervention promises to mitigate the … have an incentive to bias the generation of evidence defy frequentist statistics. Yet the law can capitalize on the … better evidence. This leads to suggestive, but institutionally contained empirical evidence. …
Persistent link: https://www.econbiz.de/10011645949
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from the fractionally integrated component. The estimation is carried out on the basis of a state-space methodology and it …
Persistent link: https://www.econbiz.de/10011287069
We demonstrate that the parameters controlling skewness and kurtosis in popular equity return models estimated at daily frequency can be obtained almost as precisely as if volatility is observable by simply incorporating the strong information content of realized volatility measures extracted...
Persistent link: https://www.econbiz.de/10013128339
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 … tests and provide evidence that very large bandwidths are sometimes required when estimating long-run variances …
Persistent link: https://www.econbiz.de/10011998061
In this paper, we discuss the importance of sample size in the evaluation of minimum wage effects. We first show which sample sizes are necessary to make reliable statements about the effects of minimum wages on binary outcomes, and second how to determine these sample sizes. This is...
Persistent link: https://www.econbiz.de/10011919727
In this paper, we discuss the importance of sample size in the evaluation of minimum wage effects. We first show which sample sizes are necessary to make reliable statements about the effects of minimum wages on binary outcomes, and second how to determine these sample sizes. This is...
Persistent link: https://www.econbiz.de/10011924929