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by a substantial amount of outliers. Tests based on a comparison of local medians standardized by a highly robust …
Persistent link: https://www.econbiz.de/10010300669
Standard median filters preserve abrupt shifts (edges) and remove impulsive noise (outliers) from a constant signal but … much more vulnerable to outliers. Application of robust regression methods, in particular of the repeated median, has been … suggested for removing subsequent outliers from a signal with trends. A fast algorithm for updating the repeated median in …
Persistent link: https://www.econbiz.de/10010306275
In this paper, we revisit the empirical evidence on the relationship between trade openness and long-run economic growth over the sample period 1960-2000. In contrast to previous studies focusing mainly on the period 1970-1990, this paper reassesses the openness-growth nexus over a much longer...
Persistent link: https://www.econbiz.de/10010308944
The paper derives an algorithm for computing leave-k-out diagnostics for the detection of patches of outliers for …
Persistent link: https://www.econbiz.de/10010310263
observations. As detection and removal of outliers in high dimension is much more difficult than in one dimension, we propose an M … type marginal integration estimator that automatically corrects the extreme influence of outliers. We establish the …
Persistent link: https://www.econbiz.de/10010310576
. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …
Persistent link: https://www.econbiz.de/10010320031
uncertainty, we use Least Trimmed Squares, a robust estimation technique, to identify outliers and investigate how they affect the … the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important …
Persistent link: https://www.econbiz.de/10010321616
We provide a new definition of breakdown in finite samples with an extension to asymptotic breakdown. Previous definitions center around defining a critical region for either the parameter or the objective function. If for a particular outlier constellation the critical region is entered,...
Persistent link: https://www.econbiz.de/10010324408
resistant to patches of additive outliers. The data span two samples of 5 years ranging from 1986 to 1995. Using asymptotic … arguments and Monte Carlo simulations, in which we evaluate our empirical method, we show that patches of outliers can have …
Persistent link: https://www.econbiz.de/10010324601
In this article we introduce a new class of test statistics designed to detect the occurrence of abnormal observations. It derives from the joint distribution of moment- and quantile-based estimators of power variation sigma^r, under the assumption of a normal distribution for the underlying...
Persistent link: https://www.econbiz.de/10010326317