IDEAS home Printed from
   My bibliography  Save this article

Testing Hypotheses About Absolute Concentration Curves And Marginal Conditional Stochastic Dominance


  • Schechtman, Edna
  • Shelef, Amit
  • Yitzhaki, Shlomo
  • Zitikis, RiÄ ardas


We consider statistical tests concerning various relationships between two absolute concentration curves (ACCs). In particular, we consider tests for determining if the two ACCs coincide, if one is above another in a specified order, or if they do not intersect without specifying which one is above/below the other one. These problems are of interest in the context of marginal conditional stochastic dominance (MCSD). Constructing statistical tests for the MCSD relies on ideas and also on their modifications developed by Linton, Maasoumi, and Whang (2005, Review of Economic Studies 72, 735–765) in the context of stochastic dominance for distribution functions. Our theoretical considerations are supplemented with a simulation study.

Suggested Citation

  • Schechtman, Edna & Shelef, Amit & Yitzhaki, Shlomo & Zitikis, RiÄ ardas, 2008. "Testing Hypotheses About Absolute Concentration Curves And Marginal Conditional Stochastic Dominance," Econometric Theory, Cambridge University Press, vol. 24(4), pages 1044-1062, August.
  • Handle: RePEc:cup:etheor:v:24:y:2008:i:04:p:1044-1062_08

    Download full text from publisher

    File URL:
    File Function: link to article abstract page
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Edna Schechtman & Shlomo Yitzhaki & Taina Pudalov, 2011. "Gini’s multiple regressions: two approaches and their interaction," Metron - International Journal of Statistics, Dipartimento di Statistica, Probabilità e Statistiche Applicate - University of Rome, vol. 0(1), pages 67-99.
    2. Denuit, Michel M. & Huang, Rachel J. & Tzeng, Larry Y. & Wang, Christine W., 2014. "Almost marginal conditional stochastic dominance," Journal of Banking & Finance, Elsevier, vol. 41(C), pages 57-66.
    3. Mohamad Khaled & Paul Makdissi & Myra Yazbeck, 2018. "On the importance of the upside down test in absolute socioeconomic health inequality comparisons," Working Papers 180003, Canadian Centre for Health Economics.
    4. Rolf Aaberge & Magne Mogstad, 2011. "Robust inequality comparisons," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(3), pages 353-371, September.
    5. Khaled, Mohamad A. & Makdissi, Paul & Yazbeck, Myra, 2018. "Income-related health transfers principles and orderings of joint distributions of income and health," Journal of Health Economics, Elsevier, vol. 57(C), pages 315-331.
    6. Zhidong Bai & Hua Li & Michael McAleer & Wing-Keung Wong, 2015. "Stochastic dominance statistics for risk averters and risk seekers: an analysis of stock preferences for USA and China," Quantitative Finance, Taylor & Francis Journals, vol. 15(5), pages 889-900, May.
    7. Furman, Edward & Zitikis, Ricardas, 2008. "Weighted risk capital allocations," Insurance: Mathematics and Economics, Elsevier, vol. 43(2), pages 263-269, October.
    8. Tse, SzeMan, 2011. "Composing the cumulative quantile regression function and the Goldie concentration curve," Journal of Multivariate Analysis, Elsevier, vol. 102(3), pages 674-682, March.
    9. M. Grazia Pittau & Shlomo Yitzhaki & Roberto Zelli, 2011. "The make-up of a regression coefficient: An application to gender," DSS Empirical Economics and Econometrics Working Papers Series 2011/3, Centre for Empirical Economics and Econometrics, Department of Statistics, "Sapienza" University of Rome.
    10. Greene Tom & Joffe Marshall & Hu Bo & Li Liang & Boucher Ken, 2013. "The Balanced Survivor Average Causal Effect," The International Journal of Biostatistics, De Gruyter, vol. 9(2), pages 291-306, May.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:etheor:v:24:y:2008:i:04:p:1044-1062_08. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.