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Asymptotics for Semiparametric Econometric Models: III. Testing and Examples

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Author Info
Donald W.K. Andrews () (Cowles Foundation, Yale University)

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Abstract

This paper considers tests of nonlinear parametric restrictions in semiparametric econometric models. To date, only Wald tests of such restrictions have been considered in the literature. Here, Wald, Lagrange multiplier, and likelihood ratio-like test statistics are considered and are shown to have asymptotic chi-square distributions under the null and local alternatives. The results hold for a wide variety of underlying estimation techniques and in a wide variety of model scenarios. A number of examples are given to illustrate the testing results of this paper and the estimation and stochastic equicontinuity results of the antecedents to this paper, viz. Andrews (1989b, c).

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File URL: http://cowles.econ.yale.edu/P/cd/d09a/d0910.pdf
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Publisher Info
Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 910.

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Length: 53 pages
Date of creation: May 1989
Date of revision:
Handle: RePEc:cwl:cwldpp:910

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Related research
Keywords: Lagrange multiplier test; likelihood ratio test; semiparametric model; semiparametric tests; Wald test; asymptotic theory;

Cited by:
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  1. Federico M. Bandi & Peter C.B. Phillips, 2005. "A Simple Approach to the Parametric Estimation of Potentially Nonstationary Diffusions," Cowles Foundation Discussion Papers 1522, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  2. Federico Bandi & Peter C. B. Phillips, 2000. "Accelerated Asymptotics for Diffusion Model Estimation," Econometric Society World Congress 2000 Contributed Papers 1656, Econometric Society. [Downloadable!]
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