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Testing equilibrium multiplicity in dynamic games

Otsu, Taisuke; Pesendorfer, Martin; Takahashi, Yuya - 2014

Persistent link: https://www.econbiz.de/10010408994

Multiple tests for the performance of different investment strategies

Frahm, Gabriel; Wickern, Tobias; Wiechers, Christof - 2010

In the context of modern portfolio theory, we compare the out-of-sample performance of 8 investment strategies which …-selling constraints. A main drawback of most empirical studies on that topic is the use of simple-testing procedures which do not account … for the effects of multiple testing. For that reason we conduct several hypothesis tests which are proposed in the …

Persistent link: https://www.econbiz.de/10008939375

Misspecification testing in a class of conditional distributional models

Rothe, Christoph; Wied, Dominik - 2012

We propose a specification test for a wide range of parametric models for the conditional distribution function of an outcome variable given a vector of covariates. The test is based on the Cramer-von Mises distance between an unrestricted estimate of the joint distribution function of the data,...

Persistent link: https://www.econbiz.de/10009531435

Testing for structural breaks in dynamic factor models

Breitung, Jörg; Eickmeier, Sandra - 2009

structural breaks in the factor loadings for the specification and estimation of factor models based on principal components and …

Persistent link: https://www.econbiz.de/10003815484

Rationalizing rational expectations? : tests and deviations

D'Haultfœuille, Xavier; Gaillac, Christophe; Maurel, Arnaud - 2018

developed in the literature. Next, we go beyond testing by defining and estimating the minimal deviations from rational …

Persistent link: https://www.econbiz.de/10011951089

Inequality indices as tests of fairness

Kanbur, Ravi; Snell, Andy - 2017

Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...

Persistent link: https://www.econbiz.de/10011641764