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- W2164380650 abstract "The bootstrap discrepancy measures the difference in rejection probabilities between a bootstrap test and one based on the true distribution. The order of magnitude of the bootstrap discrepancy is the same under the null hypothesis and under non-null processes described by Pitman drift. If the test statistic is not an exact pivot, critical values depend on which data-generating process (DGP) is used to determine the null distribution. We propose using the DGP which minimizes the bootstrap discrepancy. We also show that, under an asymptotic independence condition, the power of both bootstrap and asymptotic tests can be estimated cheaply by simulation." @default.
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- W2164380650 date "2006-08-01" @default.
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- W2164380650 title "The power of bootstrap and asymptotic tests" @default.
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- W2164380650 doi "https://doi.org/10.1016/j.jeconom.2005.06.002" @default.
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