Confirmation of parametric hypotheses
نویسنده
چکیده
Econometricians commonly want to confirm some precise hypothesis, such as a consequence of economic theory, an economic hypothesis, or a econometric modeling assumption. In practice, researchers routinely use significance tests that can only fail to reject the hypothesis of interest. Generalizing previous work by Romano (2005), I propose a new theoretical framework for confirmation of multivariate restrictions in parametric models and I construct tests that are asymptotically unbiased, minimax, and uniformly most powerful invariant.
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