• Title of article

    Testing parameter constancy in models with infinite variance errors

  • Author/Authors

    Chen، Mei-Yuan نويسنده , , Kuan، Chung-Ming نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    -10
  • From page
    11
  • To page
    0
  • Abstract
    In this paper we propose to base parameter-constancy tests on recursive and moving least absolute deviation (LAD) estimates. Our simulations show that the moving-LADestimates test is robust to stable errors and has power advantages comparing to the tests based on the OLS estimates
  • Keywords
    Firm-sponsored training , Wage compression
  • Journal title
    Economics Letters
  • Serial Year
    2001
  • Journal title
    Economics Letters
  • Record number

    21687

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=21687