Testing a Parametric Model Against a Semiparametric Alternative

B-Tier
Journal: Econometric Theory
Year: 1994
Volume: 10
Issue: 5
Pages: 821-848

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

This paper describes a method for testing a parametric model of the mean of a random variable Y conditional on a vector of explanatory variables X against a semiparametric alternative. The test is motivated by a conditional moment test against a parametric alternative and amounts to replacing the parametric alternative model with a semiparametric model. The resulting semiparametric test is consistent against a larger set of alternatives than are parametric conditional moments tests based on finitely many moment conditions. The results of Monte Carlo experiments and an application illustrate the usefulness of the new test.

Technical Details

RePEc Handle
repec:cup:etheor:v:10:y:1994:i:05:p:821-848_00
Journal Field
Econometrics
Author Count
2
Added to Database
2026-02-02