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Estimating alternative technology sets in nonparametric efficiency analysis: Restriction tests for panel and clustered data

Neumann, Anne; Nieswand, Maria; Schubert, Torben - 2013

Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs....

Persistent link: https://www.econbiz.de/10010292679

Uniform confidence bands for functions estimated nonparametrically with instrumental variables

Horowitz, Joel L.; Lee, Sokbae - 2010

method to obtain a uniform confidence band and show that the bootstrap can be used to obtain the required critical values …

Persistent link: https://www.econbiz.de/10010292807

Are some forecasters really better than others?

D'Agostino, Antonello; McQuinn, Kieran; Whelan, Karl - 2010

of the forecaster and use bootstrap techniques to compare the empirical results with the equivalents obtained under the …

Persistent link: https://www.econbiz.de/10010292810

Comparison of methods for constructing joint confidence bands for impulse response functions

Lütkepohl, Helmut; Staszewska-Bystrova, Anna; Winker, Peter - 2013

In vector autoregressive analysis confidence intervals for individual impulse responses are typically reported to indicate the sampling uncertainty in the estimation results. A range of methods are reviewed and a new proposal is made for constructing joint confidence bands, given a prespecified...

Persistent link: https://www.econbiz.de/10010293964

Comparison of methods for constructing joint confidence bands for impulse response functions

Lütkepohl, Helmut; Staszewska-Bystrova, Anna; Winker, Peter - 2013

Persistent link: https://www.econbiz.de/10010294397

Divergence – Is it geography?

Straubhaar, Thomas; Suhrcke, Marc; Urban, Dieter M. - 2002

This paper tests a geography and growth model using regional data for Europe, the US, and Japan. We set up a standard geography and growth model with a poverty trap and derive a log-linearized growth equation that corresponds directly to a threshold regression technique in econometrics. In...

Persistent link: https://www.econbiz.de/10010295504

The New Keynesian Phillips Curve in Europe: does it fit or does it fail?

Tillmann, Peter - 2005

The canonical New Keynesian model specifies inflation as the present-value of future real marginal cost. This paper tests this New Keynesian Phillips Curve and exploits projections of future real marginal cost generated by VAR models to assess the model's ability to match the behavior of actual...

Persistent link: https://www.econbiz.de/10010295672

Short-run and long-run comovement of GDP and some expenditure aggregates in Germany, France and Italy

Knetsch, Thomas A. - 2005

The paper presents empirical work on short-run and long-run comovement between the German, French and Italian aggregates of private consumption, business investment, exports, imports, GDP, and changes in inventories. In country-specific data sets, cointegration analyses are carried out both to...

Persistent link: https://www.econbiz.de/10010295784

A new approach to bootstrap inference in functional coefficient models

Herwartz, Helmut; Xu, Fang - 2007

We introduce a new, factor based bootstrap approach which is robust under heteroskedastic error terms for inference in … functional coefficient models. Modeling the functional coefficient parametrically, the bootstrap approximation of an F statistic …, factor based bootstrap inference outperforms the wild bootstrap and pairs bootstrap approach according to its size features …

Persistent link: https://www.econbiz.de/10010296279

Testing the parametric form of the volatility in continuous time diffusion models: an empirical process approach

Dette, Holger; Podolskij, Mark - 2005

an asymptotic distribution free test (for the problem of testing for homoscedasticity) and bootstrap tests (for the …

Persistent link: https://www.econbiz.de/10010296714