This paper studies models in which hypothesis tests have trivial power, that is, power smaller than… Continue reading.
In a model with endogenous regressors, heteroskedastic and autocorrelated (HAC) errors and weak instruments, tests that… Continue reading.
Lancaster (2002) proposes an estimator for the dynamic panel data model with homoskedastic errors and zero… Continue reading.
Researchers often rely on the t-statistic to make inference on parameters in statistical models. It is… Continue reading.
This paper considers two-sided tests for the parameter of an endogenous variable in an instrumental variable… Continue reading.