English
Related papers

Related papers: Testing for Nonlinear Cointegration under Heterosk…

200 papers

Monotonicity is a key qualitative prediction of a wide array of economic models derived via robust comparative statics. It is therefore important to design effective and practical econometric methods for testing this prediction in empirical…

Statistics Theory · Mathematics 2019-07-10 Denis Chetverikov

We propose a new lack-of-fit test for quantile regression models that is suitable even with high-dimensional covariates. The test is based on the cumulative sum of residuals with respect to unidimensional linear projections of the…

This paper proposes a novel framework to test for slope heterogeneity between time-varying coefficients in panel data models. Our test not only allows us to detect whether the coefficient functions are the same across all units or not, but…

Econometrics · Economics 2025-11-18 Marina Khismatullina , Bernhard van der Sluis

In this paper, we consider a framework adapting the notion of cointegration when two asset prices are generated by a driftless It\^{o}-semimartingale featuring jumps with infinite activity, observed regularly and synchronously at high…

Statistical Finance · Quantitative Finance 2021-03-24 Simon Clinet , Yoann Potiron

Kronecker product covariance structure provides an efficient way to modeling the inter-correlations of matrix-variate data. In this paper, we propose testing statistics for Kronecker product covariance matrix based on linear spectral…

Statistics Theory · Mathematics 2022-05-02 Long Yu , Jiahui Xie , Wang Zhou

We consider a nonparametric heteroscedastic time series regression model and suggest testing procedures to detect changes in the conditional variance function. The tests are based on a sequential marked empirical process and thus combine…

Statistics Theory · Mathematics 2019-06-10 Maria Mohr , Natalie Neumeyer

In this paper we investigate how the bootstrap can be applied to time series regressions when the volatility of the innovations is random and non-stationary. The volatility of many economic and financial time series displays persistent…

Econometrics · Economics 2021-01-12 H. Peter Boswijk , Giuseppe Cavaliere , Anders Rahbek , Iliyan Georgiev

The scope of this paper is the presentation of a test that enables to detect heteroscedasticity in univariate regression model. The test is simple to compute and very general since no hypothesis is made on the regularity of the response…

Methodology · Statistics 2010-03-23 Jean-Baptiste Aubin , Samuela Leoni-Aubin

This study proposes a simple, trustworthy Chow test in the presence of heteroscedasticity and autocorrelation. The test is based on a series heteroscedasticity and autocorrelation robust variance estimator with judiciously crafted basis…

Econometrics · Economics 2019-11-12 Yixiao Sun , Xuexin Wang

This paper considers the problem of testing whether there exists a solution satisfying certain non-negativity constraints to a linear system of equations. Importantly and in contrast to some prior work, we allow all parameters in the system…

The theory of cointegration has been a leading theory in econometrics with powerful applications to macroeconomics during the last decades. On the other hand the theory of phase synchronization for weakly coupled complex oscillators has…

Adaptation and Self-Organizing Systems · Physics 2018-05-14 Rainer Dahlhaus , István Z. Kiss , Jan C. Neddermeyer

We present a test for independence of two strictly stationary time series based on a bootstrap procedure for the distance covariance. Our test detects any kind of dependence between the two time series within an arbitrary maximum lag $L$.…

Statistics Theory · Mathematics 2024-02-06 Annika Betken , Herold Dehling , Marius Kroll

This paper addresses the problem of fitting a known distribution to the innovation distribution in a class of stationary and ergodic time series models. The asymptotic null distribution of the usual Kolmogorov--Smirnov test based on the…

Statistics Theory · Mathematics 2007-06-13 Hira L. Koul , Shiqing Ling

In this paper we consider a heteroscedastic transformation model, where the transformation belongs to a parametric family of monotone transformations, the regression and variance function are modelled nonparametrically and the error is…

Methodology · Statistics 2014-12-01 Natalie Neumeyer , Hohsuk Noh , Ingrid Van Keilegom

We develop tests for high-dimensional covariance matrices under a generalized elliptical model. Our tests are based on a central limit theorem (CLT) for linear spectral statistics of the sample covariance matrix based on self-normalized…

Statistics Theory · Mathematics 2019-12-17 Xinxin Yang , Xinghua Zheng , Jiaqi Chen

Statistical models of unobserved heterogeneity are typically formalized as mixtures of simple parametric models and interest naturally focuses on testing for homogeneity versus general mixture alternatives. Many tests of this type can be…

Methodology · Statistics 2016-03-22 Jiaying Gu , Roger Koenker , Stanislav Volgushev

Nonparametric cointegrating regression models have been extensively used in financial markets, stock prices, heavy traffic, climate data sets, and energy markets. Models with parametric regression functions can be more appealing in practice…

Methodology · Statistics 2023-12-27 Sepideh Mosaferi , Mark S. Kaiser , Daniel J. Nordman

We develop a theory of evolutionary spectra for heteroskedasticity and autocorrelation robust (HAR) inference when the data may not satisfy second-order stationarity. Nonstationarity is a common feature of economic time series which may…

Econometrics · Economics 2024-08-08 Alessandro Casini

There exist a number of tests for assessing the nonparametric heteroscedastic location-scale assumption. Here we consider a goodness-of-fit test for the more general hypothesis of the validity of this model under a parametric functional…

Statistics Theory · Mathematics 2020-01-01 Marie Hušková , Simos G. Meintanis , Charl Pretorius

Motivated by a neuroscience question about synchrony detection in spike train analysis, we deal with the independence testing problem for point processes. We introduce non-parametric test statistics, which are rescaled general…

Statistics Theory · Mathematics 2015-05-28 Mélisande Albert , Yann Bouret , Magalie Fromont , Patricia Reynaud-Bouret