Model equivalence tests in a parametric framework

Pascal Lavergne (TSE-GREMAQ)

November 23, 2010, 15:30–17:00


Room MF 323

Econometrics Seminar


Empirical researchers commonly want to assess the validity of restrictions on parameters, appearing as an economic hypothesis, a consequence of economic theory, or an econometric modeling assumption. I propose a new theoretical framework to assess the approximate validity of multivariate restrictions in parametric models. I construct tests that are locally asymptotically maximin and locally asymptotically uniformly most powerful invariant. The tests are applied to three different empirical problems.


Pascal Lavergne (TSE-GREMAQ), Model equivalence tests in a parametric framework, Econometrics Seminar, Toulouse: TSE, November 23, 2010, 15:30–17:00, room MF 323.