Hautsch, Nikolaus - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
against
local alternatives (such as LM tests) and asymptotically consistent tests with poor finite-
sample properties. In …. Evaluating the finite-sample properties based on a Monte-Carlo study we show that
the test has good power properties against … a Monte-Carlo study analyzing the finite-sample
properties of CM tests in the given context. Finally, Section 4 …