Resource title

Tests of independence in separable econometric models: theory and application

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Resource description

A common stochastic restriction in econometric models separable in the latent variables is the assumption of stochastic independence between the unobserved and observed exogenous variables. Both simple and composite tests of this assumption are derived from properties of independence empirical processes and the consistency of these tests is established. As an application, we stimulate estimation of a random quasilinear utility function, where we apply our tests of independence.

Resource author

Donald J. Brown, Rahul Deb, Marten H. Wegkamp

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26986

Resource license

Adapt according to the presented license agreement and reference the original author.