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- W2142316095 abstract "Abstract This paper proposes exact distribution-free permutation tests for the specification of a non-linear regression model against one or more possibly non-nested alternatives. The new tests may be validly applied to a wide class of models, including models with endogenous regressors and lag structures. These tests build on the well-known J test developed by Davidson and MacKinnon [1981. Several tests for model specification in the presence of alternative hypotheses. Econometrica 49, 781–793] and their exactness holds under broader assumptions than those underlying the conventional J test. The J -type test statistics are used with a randomization or Monte Carlo resampling technique which yields an exact and computationally inexpensive inference procedure. A simulation experiment confirms the theoretical results and also shows the performance of the new procedure under violations of the maintained assumptions. The test procedure developed is illustrated by an application to inflation dynamics." @default.
- W2142316095 created "2016-06-24" @default.
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- W2142316095 date "2006-08-01" @default.
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- W2142316095 title "Exact permutation tests for non-nested non-linear regression models" @default.
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- W2142316095 doi "https://doi.org/10.1016/j.jeconom.2005.06.005" @default.
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