Permutation tests for equality of distributions of functional data

B-Tier
Journal: Journal of Applied Econometrics
Year: 2021
Volume: 36
Issue: 7
Pages: 861-877

Authors (2)

Federico A. Bugni (Northwestern University) Joel L. Horowitz (not in RePEc)

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

Economic data are often generated by stochastic processes that take place in continuous time, though observations may occur only at discrete times. Such data are called functional data. This paper is concerned with comparing two or more stochastic processes that generate functional data. The data may be produced by a randomized experiment in which there are multiple treatments. The paper presents a method for testing the hypothesis that the same stochastic process generates all the functional data. The results of Monte Carlo experiments and an application to an experiment on pricing of natural gas illustrate the usefulness of the test.

Technical Details

RePEc Handle
repec:wly:japmet:v:36:y:2021:i:7:p:861-877
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-25