We propose non-nested tests for competing conditional moment resctriction models using a method of empirical likelihood … Zhang and Gijbels (2003). By using the conditional implied probabilities, we develop three non-nested tests: the moment … encompassing, Cox-type, and effcient score encompassing tests. Compared to the existing non-nested tests which mainly focus on …

When long maturity bonds are traded frequently and traders have non-nested information sets, speculative behavior in …

We propose non-nested hypothesis tests for conditional moment restriction models based on the method of generalized …

predictors in both nested and nonnested models. We derive conditions under which their difference is of a smaller order of … selection is feasible, regardless of whether models are nested or nonnested and regardless of whether models are correctly … not consistent for selecting among nonnested models and possibly overlapping models. These findings have important bearing …

In this paper, I introduce a simple test for the presence of the data-generating process among several non-nested … alternatives. The test is an extension of the classical J test for non-nested regression models. I also provide a bootstrap version …

Researchers prefer to use a demand system that best fits their data. This paper examines a nonnested test of comparison …

We consider an alternative use of simulation in the context of using the Likelihood-Ratio statistic to test non-nested … study represents the first comparison of the properties of bootstrap and simulation-based tests applied to non-nested tests … the relative evaluation of simulation and bootstrap-based nonnested procedures in testing across a class of nonlinear …