MODEL COMPARISONS IN UNSTABLE ENVIRONMENTS
نویسندگان
چکیده
منابع مشابه
Model comparisons in unstable environments
The goal of this paper is to develop formal tests to evaluate the relative in-sample performance of two competing, misspeci ed non-nested models in the presence of possible data instability. Compared to previous approaches to model selection, which are based on measures of global performance, we focus on the local relative performance of the models. We propose three tests that are based on di¤e...
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ژورنال
عنوان ژورنال: International Economic Review
سال: 2016
ISSN: 0020-6598
DOI: 10.1111/iere.12161