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Halfline tests studied in this paper are t type tests for testing inequality constraints under the alternative hypothesis. An appealing example of such tests in the literature is to find a halfline in the restricted parameter space such that the resultant test is most stringent in terms of the...
Persistent link: https://www.econbiz.de/10010580844
We consider distributional free inference to test for positive quadrant dependence, i.e.for the probability that two variables are simultaneously small (or large) being at least as great as it would be were they dependent. Tests for its generalisation in higher dimensions, namely positive...
Persistent link: https://www.econbiz.de/10005771788
I propose a simple method to compute the transition process in continuous-time dynamic equilibrium models with occasionally binding inequality constraints. By augmenting the dynamic system with an auxiliary variable standard algorithms are able to solve the extended dynamic system taking the...
Persistent link: https://www.econbiz.de/10010664109