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Theory and Method

A Consistent Nonparametric Test of Symmetry in Linear Regression Models

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Pages 551-557 | Received 01 Apr 1993, Published online: 27 Feb 2012
 

Abstract

This article proposes a consistent nonparametric test of the hypothesis that the disturbance in a linear regression model is distributed symmetrically around zero. Simulation results show that the test has good size and power properties for sample sizes as small as 50. We illustrate the use of the test in a cross-country model of inflation and monetary growth.

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