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Exact Testing of Many Moment Inequalities Against Multiple Violations

Nick Koning, Paul Bekker

arXiv 29 Apr 2019 · Mathematics — Statistics Theory · 3 citations (OpenAlex)

arXiv:1904.12775 · PDF · DOI · OpenAlex · Extracted main text

Abstract

This paper considers the problem of testing many moment inequalities, where the number of moment inequalities ($p$) is possibly larger than the sample size ($n$). Chernozhukov et al. (2019) proposed asymptotic tests for this problem using the maximum $t$ statistic. We observe that such tests can have low power if multiple inequalities are violated. As an alternative, we propose novel randomization tests based on a maximum non-negatively weighted combination of $t$ statistics. We provide a condition guaranteeing size control in large samples. Simulations show that the tests control size in small samples ($n = 30$, $p = 1000$), and often has substantially higher power against alternatives with multiple violations than tests based on the maximum $t$ statistic.

Citation extraction

27
references
39
in-text mentions
27
distinct cited
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self-citations
7,850
main-text words

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1F. A. Bugni, M. Caner, A. B. Kock, and S. Lahiri (2016) Inference in partially identified models with many moment inequalities using lasso0.84333100%
2P. A. Bekker and S. Lawford (2008) Symmetry-based inference in an instrumental variable setting self0.81142100%
3N. Koning (2019) Directing power towards conic parameter subspaces0.73732100%
4N. Meinshausen et al (2013) Sign-constrained least squares estimation for high-dimensional regression0.73732100%
5V. Chernozhukov, D. Chetverikov, and K. Kato (2019) Inference on causal and structural parameters using many moment inequalities0.64422100%
6E. L. Lehmann and J. P. Romano (2006) Testing statistical hypotheses0.64422100%
7J. S. Maritz (1995) Distribution-free statistical methods, volume 170.64422100%
8R. Allen (2018) Testing moment inequalities: Selection versus recentering0.40511100%
9D. W. Andrews and P. Guggenberger (2009) Validity of subsampling and “plug-in asymptotic” inference for parameters defined by moment inequalities0.40511100%
10D. W. Andrews and P. J. Barwick (2012) Inference for parameters defined by moment inequalities: A recommended moment selection procedure0.40511100%

Showing the top 10 of 27 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Improved Central Limit Theorem and Bootstrap Approximations in High Dimensions0.40511