A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models

Detalhes bibliográficos
Autor(a) principal: Ramalho, Esmeralda A.
Data de Publicação: 2014
Outros Autores: Ramalho, Joaquim J. S., Murteira, José M. R.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/29310
Resumo: This paper proposes a new conditional mean test to assess the validity of binary and fractional parametric regression models. The new test checks the joint significance of two simple functions of the fitted index and is based on a very flexible parametric generalization of the postulated model. A Monte Carlo study reveals a promising behaviour for the new test, which compares favourably with that of the well-known RESET test as well as with tests where the alternative model is non-parametric.
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spelling A Generalized Goodness-of-functional form Test for Binary and Fractional Regression ModelsFractional Parametric Regression ModelsMonte Carlo AnalysisEmpirical Study Firms’Capital Structure DecisionsThis paper proposes a new conditional mean test to assess the validity of binary and fractional parametric regression models. The new test checks the joint significance of two simple functions of the fitted index and is based on a very flexible parametric generalization of the postulated model. A Monte Carlo study reveals a promising behaviour for the new test, which compares favourably with that of the well-known RESET test as well as with tests where the alternative model is non-parametric.John Wiley & Sons Ltd.Repositório da Universidade de LisboaRamalho, Esmeralda A.Ramalho, Joaquim J. S.Murteira, José M. R.2023-11-06T15:22:18Z20142014-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/29310engRamalho, Esmeralda A.; Joaquim J. S. Ramalho and José M. R. Murteira. (2014). “A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models”. The Manchester School, Vol 82, No. 4: pp. 488–507. (Search PDF in 2023).doi: 10.1111/manc.120321467-9957info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-12T01:31:38Zoai:www.repository.utl.pt:10400.5/29310Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:37:58.788523Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
title A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
spellingShingle A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
Ramalho, Esmeralda A.
Fractional Parametric Regression Models
Monte Carlo Analysis
Empirical Study Firms’
Capital Structure Decisions
title_short A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
title_full A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
title_fullStr A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
title_full_unstemmed A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
title_sort A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models
author Ramalho, Esmeralda A.
author_facet Ramalho, Esmeralda A.
Ramalho, Joaquim J. S.
Murteira, José M. R.
author_role author
author2 Ramalho, Joaquim J. S.
Murteira, José M. R.
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Ramalho, Esmeralda A.
Ramalho, Joaquim J. S.
Murteira, José M. R.
dc.subject.por.fl_str_mv Fractional Parametric Regression Models
Monte Carlo Analysis
Empirical Study Firms’
Capital Structure Decisions
topic Fractional Parametric Regression Models
Monte Carlo Analysis
Empirical Study Firms’
Capital Structure Decisions
description This paper proposes a new conditional mean test to assess the validity of binary and fractional parametric regression models. The new test checks the joint significance of two simple functions of the fitted index and is based on a very flexible parametric generalization of the postulated model. A Monte Carlo study reveals a promising behaviour for the new test, which compares favourably with that of the well-known RESET test as well as with tests where the alternative model is non-parametric.
publishDate 2014
dc.date.none.fl_str_mv 2014
2014-01-01T00:00:00Z
2023-11-06T15:22:18Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/29310
url http://hdl.handle.net/10400.5/29310
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Ramalho, Esmeralda A.; Joaquim J. S. Ramalho and José M. R. Murteira. (2014). “A Generalized Goodness-of-functional form Test for Binary and Fractional Regression Models”. The Manchester School, Vol 82, No. 4: pp. 488–507. (Search PDF in 2023).
doi: 10.1111/manc.12032
1467-9957
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv John Wiley & Sons Ltd.
publisher.none.fl_str_mv John Wiley & Sons Ltd.
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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