The Limiting Distribution of Post-sample Stability Tests for GMM Estimation When the Potential Break Date Is Unknown.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1997
Volume: 59
Issue: 2
Pages: 299-303

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

Recent papers have proposed a split-sample prediction method to test for structural stability in GMM estimation when the potential break date is treated as known. In this note, the author derives the limiting distribution of the supremum of this test over all possible break dates, thus allowing for endogenous determination of the potential break date. Copyright 1997 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:59:y:1997:i:2:p:299-303
Journal Field
General
Author Count
1
Added to Database
2026-01-29