A nonparametric test of the conditional normality of housing demand

This study provides a nonparametric test for the parametric conditional distribution in the sample selection model. The nonparametric test statistic proposed by Fan et al. (2006) is applied to the Korean housing demand model. Test results indicate that the conditional normality in the housing expenditure equation is rejected.

MoreLess

Year of publication:	2007
Authors:	Min, Insik
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 14.2007, 2, p. 105-109
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005629453