Using Triples to Assess Symmetry Under Weak Dependence

A-Tier
Journal: Journal of Business & Economic Statistics
Year: 2022
Volume: 40
Issue: 4
Pages: 1538-1551

Authors (2)

Zacharias Psaradakis (Birkbeck College) Marián Vávra (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The problem of assessing symmetry about an unspecified center of the one-dimensional marginal distribution of a strictly stationary random process is considered. A well-known U-statistic based on data triples is used to detect deviations from symmetry, allowing the underlying process to satisfy suitable mixing or near-epoch dependence conditions. We suggest using subsampling for inference on the target parameter, establish the asymptotic validity of the method in our setting, and discuss data-driven rules for selecting the size of subsamples. The small-sample properties of the proposed inferential procedures are examined by means of Monte Carlo simulations. Applications to time series of output growth and stock returns are also presented.

Technical Details

RePEc Handle
repec:taf:jnlbes:v:40:y:2022:i:4:p:1538-1551
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-29