In this paper, we introduce a flexible and widely applicable nonparametric entropy-based testing procedure that can be used to assess the validity of simple hypotheses about a specific parametric population distribution. The testing methodology relies on the characteristic function of the...

Regarding the current econometric scene, in this review I argue that (a) traditional econometric modeling approaches do not provide a reliable basis for making inferences about the causal effect of a supposed treatment of data in observational and quasi-experimental settings; and (b) the focus...