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Blockwise empirical entropy tests for time series regressions

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Author Info
Francesco Bravo
Abstract

This paper shows how the empirical entropy (also known as exponential likelihood or non-parametric tilting) method can be used to test general parametric hypothesis in time series regressions. To capture the weak dependence of the observations, the paper uses blocking techniques which are also used in the bootstrap literature on time series. Monte Carlo evidence suggests that the proposed test statistics have better finite-sample properties than conventional test statistics such as the Wald statistic. Copyright 2005 Blackwell Publishing Ltd.

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Publisher Info
Article provided by Blackwell Publishing in its journal Journal of Time Series Analysis.

Volume (Year): 26 (2005)
Issue (Month): 2 (03)
Pages: 185-210
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Handle: RePEc:bla:jtsera:v:26:y:2005:i:2:p:185-210

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  1. Yuichi Kitamura, 2006. "Empirical Likelihood Methods in Econometrics: Theory and Practice," Cowles Foundation Discussion Papers 1569, Cowles Foundation, Yale University. [Downloadable!]
  2. Jason Allen & Allan W. Gregory & Katsumi Shimotsu, 2008. "Empirical Likelihood Block Bootstrapping," Working Papers 1156, Queen's University, Department of Economics. [Downloadable!]
    Other versions:
  3. Yuichi Kitamura, 2006. "Empirical Likelihood Methods in Econometrics: Theory and Practice," Levine's Bibliography 321307000000000307, UCLA Department of Economics. [Downloadable!]
  4. Daniel Nordman, 2008. "An empirical likelihood method for spatial regression," Metrika, Springer, vol. 68(3), pages 351-363, November. [Downloadable!] (restricted)
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This page was last updated on 2009-12-19.


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