determined with a permutation procedure and a parametric bootstrap in the testsfor serial independence and linearity …We propose information theoretic tests for serial independence and linearity in time series. The test statisticsare …

point identification is achieved by assuming that g is a linear function of X. However, the assumption of linearity is … using the bootstrap. An empirical application illustrates the usefulness of shape restrictions for carrying out …

Bootstrap; Europäische Währungsunion; Frühwarnsystem; Makroökonomische Ungleichgewichte; Makroökonomische Überwachung …Bootstrap; Early Warning System; European Monetary Union; Macroeconomic Imbalances; Macroeconomic Surveillance …

assumption of linearity is arbitrary. It is untestable if W is binary, as is the case in many applications. This paper explores …(g) can be carried out by using by using the bootstrap. An empirical application illustrates the usefulness of shape …