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A Simple Test Of Normality For Time Series

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Author Info
Lobato, Ignacio N.
Velasco, Carlos

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Abstract

This paper considers testing for normality for correlated data. The proposed test procedure employs the skewness-kurtosis test statistic, but studentized by standard error estimators that are consistent under serial dependence of the observations. The standard error estimators are sample versions of the asymptotic quantities that do not incorporate any downweighting, and, hence, no smoothing parameter is needed. Therefore, the main feature of our proposed test is its simplicity, because it does not require the selection of any user-chosen parameter such as a smoothing number or the order of an approximating model.We are very grateful to Don Andrews and two referees for useful comments and suggestions. We are especially thankful to a referee who provided a FORTRAN code. Lobato acknowledges financial support from Asociaci n Mexicana de Cultura and from Consejo Nacional de Ciencia y Tecnolog a (CONACYT) under project grant 41893-S. Velasco acknowledges financial support from Spanish Direcci n General de Ense anza Superior, BEC 2001-1270.

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Publisher Info
Article provided by Cambridge University Press in its journal Econometric Theory.

Volume (Year): 20 (2004)
Issue (Month): 04 (August)
Pages: 671-689
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Handle: RePEc:cup:etheor:v:20:y:2004:i:04:p:671-689_20

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