Title: Misspecification Tests in Econometrics: The Lagrange Multiplier Principle and Other Approaches
Publisher: Cambridge University Press
Publication Date: 1991
Language: English
ISBN 10: 0521424593
ISBN 13: 9780521424592
Binding: Paperback
Condition: Good
Dust Jacket Condition: No Jacket
Weight: 0.85 pounds

About this title

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By bringing together results from the growing literature in econometrics on misspecification testing, this study provides theoretical analyses and convenient methods for the implementation of tests in applied work. Although the main emphasis is on the Lagrange multiplier principle, several other approaches are discussed and the relationships among different methods are examined. The author reviews general checks of model adequacy that do not involve the formulation of an alternative hypothesis. General and specific tests are discussed in the context of multiple regression models, systems of simultaneous equations, and models with qualitative or limited dependent variables. This wide-ranging but integrated book will be useful to a wide audience of applied and theoretical researchers, graduate students, and professional economists.

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