Testing for bivariate stochastic dominance using inequality restrictions

被引：3

作者：

Stengos, Thanasis ^{[2
]}

Thompson, Brennan S. ^{[1
]}

机构：

[1] Ryerson Univ, Dept Econ, Toronto, ON M5B 2K3, Canada

[2] Univ Guelph, Dept Econ, Guelph, ON N1G 2W1, Canada

来源：

ECONOMICS LETTERS | 2012年 / 115卷 / 01期

关键词：

Stochastic dominance; Inequality restrictions; Multidimensional welfare; STATISTICAL-INFERENCE; POVERTY; DISTRIBUTIONS; WELFARE;

D O I：

10.1016/j.econlet.2011.11.041

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We propose a test of bivariate stochastic dominance within a generalized framework for testing inequality restrictions, utilizing the covariance structure of the estimates of the joint distribution functions. Monte Carlo simulations and an empirical example assess its usefulness. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：60 / 62

页数：3

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