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Le Cam optimal tests for symmetry against Ferreira and Steel’s general skewed distributions

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Author Info
Christophe Ley
Davy Paindaveine
Abstract

When testing symmetry of a univariate density, (parametric classes of) densities skewed by means of the general probability transform introduced in [7] are appealing alternatives. This paper first proposes parametric tests of symmetry that are locally and asymptotically optimal (in the Le Cam sense) against such alternatives. To improve on these parametric tests, which are valid under well-specified density types only, we turn them into semiparametric tests, either by using a standard studentization approach or by resorting to the invariance principle. The second approach leads to robust yet efficient signed-rank tests, which include the celebrated sign and Wilcoxon tests as special cases, and turn out to be Le Cam optimal irrespective of the underlying original symmetric density. Optimality, however, is only achieved under well-specified “skewing mechanisms”, and we therefore evaluate the overall performances of our tests by deriving their asymptotic relative efficiencies with respect to the classical test of skewness. A Monte-Carlo study confirms the asymptotic results.

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File URL: http://www.ecares.org/index.php?option=com_docman&task=doc_download&gid=55&Itemid=204
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File Function: First version, 2008
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Publisher Info
Paper provided by Université Libre de Bruxelles, Ecares in its series ECARES Working Papers with number 2008_041.

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Length: 26 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:eca:wpaper:2008_041

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Related research
Keywords: Rank-based inference; tests of symmetry; asymmetry models; location tests; local asymptotic normality;

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  1. Bernard Garel & Marc Hallin, 1995. "Local asymptotic normality of multivariate ARMA processes with a linear trend," Annals of the Institute of Statistical Mathematics, Springer, vol. 47(3), pages 551-579, September. [Downloadable!] (restricted)
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