Search Results - subject:"empirical Distribution"

On approximating the distributions of goodness-of-fit test statistics based on the empirical distribution function: The case of unknown parameters

Capasso, Marco; Alessi, Lucia; Barigozzi, Matteo; … - Laboratory of Economics and Management (LEM), Scuola … - 2007

goodness-of-fit test statistics based on the empirical distribution function. We argue that failing to re-estimate unknown … statistics based on the empirical distribution function: The case of unknown parameters. Marco Capasso⁄ Lucia Alessi⁄ Matteo …- mogorov - Smirnov statistic; Kuiper statistic; Cram¶er - Von Mises statistic; Empirical distribution function; Monte …

Persistent link: https://www.econbiz.de/10005650091

How sticky is sticky enough?: A distributional and impulse response analysis of new Keynesian DSGE models

Korenok, Oleg; Swanson, Norman R. - 2006

In this paper, we add to the literature on the assessment of how well RBC simulated data reproduce the dynamic features of historical data. In particular, we evaluate a variety of new Keynesian DSGE models, including the standard sticky price model discussed in Calvo (1983), the sticky price...

Persistent link: https://www.econbiz.de/10010266341

International evidence on the efficacy of new-Keynesian models of inflation persistence

Korenok, Oleg; Radchenko, Stanislav; Swanson, Norman R. - 2006

In this paper we take an agnostic view of the Phillips curve debate, and carry out an empirical investigation of the relative and absolute efficacy of Calvo sticky price (SP), sticky information (SI), and sticky price with indexation models (SPI), with emphasis on their ability to mimic...

Persistent link: https://www.econbiz.de/10010266352

Empirical Likelihood Methods in Econometrics: Theory and Practice

Kitamura, Yuichi - Cowles Foundation for Research in Economics, Yale University - 2006

Recent developments in empirical likelihood (EL) methods are reviewed. First, to put the method in perspective, two interpretations of empirical likelihood are presented, one as a nonparametric maximum likelihood estimation method (NPMLE) and the other as a generalized minimum contrast estimator...

Persistent link: https://www.econbiz.de/10005087392

Input-Output Analysis with Public Policy Objectives: A Case Study of the Georgia Cotton Industry

Flanders, Archie; Smith, Nathan B.; McKissick, John C. - In: Journal of Agribusiness 24 (2006) 2

Farm bill legislation directed at agricultural commodities contributes to economies of rural areas. This research quantifies the economic impacts of the Georgia cotton industry for the U.S. economy. A cotton industry model with cotton and peanut acreage is utilized with IMPLAN to estimate...

Persistent link: https://www.econbiz.de/10008543692

International Evidence on the Efficacy of new-Keynesian Models of Inflation Persistence

Korenok, Oleg; Radchenko, Stanislav; Swanson, Norman R. - Department of Economics, School of Business - 2006

Persistent link: https://www.econbiz.de/10005292589

Transformation of an empirical distribution to normal distribution by the use of Johnson system of translation and symmetrical quantile method

Friebel, Ludvík; Friebelová, Jana - In: Acta Universitatis Bohemiae Meridionales 9 (2006) 1, pp. 75-79

This article deals with approximation of empirical distribution to standard normal distribution using Johnson …. The estimation of parameters of transformation formulas is based on percentiles of empirical distribution. There are …

Persistent link: https://www.econbiz.de/10010638564

A Unified Approach to Validating Univariate and Multivariate Conditional Distribution Models in Time Series

Chen, Bin; Hong, Yongmiao - 2013

using a novel approach, which embeds the empirical distribution function in a spectral framework. Our tests check a large … empirical distribution function, our GCM test statistics follow a convenient asymptotic N (0; 1) distribution and enjoy the …

Persistent link: https://www.econbiz.de/10010892083

Test of misspecification with application to negative binomial distribution

Chua, K.; Ong, S. - In: Computational Statistics 28 (2013) 3, pp. 993-1009

misspecification, and the performance of the proposed test has been benchmarked with some goodness-of-fit tests based on the empirical … distribution function. The results suggest that the proposed test is viable in terms of computational speed and statistical power …

Persistent link: https://www.econbiz.de/10010847923

Goodness-of-fit testing for the marginal distribution of regime-switching models with an application to electricity spot prices

Janczura, Joanna; Weron, Rafał - In: AStA Advances in Statistical Analysis 97 (2013) 3, pp. 239-270

–Smirnov supremum-distance statistic and the concept of the weighted empirical distribution function. The motivation for this research …

Persistent link: https://www.econbiz.de/10010998854