Vance L. Martin, Jialu Shi, Yang Song, Wenying Yao
Changes in the distribution of income over time are identified based on an adjusted two-sample version of the Neyman smooth test by using subsampling methods to approximate the sampling distribution of the test statistic when samples are not independent of each other. A range of Monte Carlo experiments show that the approach corrects for size distortions arising from dependent samples as well as generating monotonic power functions. Applying the approach to studying the distribution of income in Australia over the business cycle and the Global Financial Crisis, the empirical results highlight the importance of higher-order moments and demonstrate that business cycles are not all alike as the relative strengths of higher-order moments vary over phases of the cycle.
{"title":"Identifying changes in the distribution of income from higher-order moments with an application to Australia","authors":"Vance L. Martin, Jialu Shi, Yang Song, Wenying Yao","doi":"10.1111/anzs.12405","DOIUrl":"10.1111/anzs.12405","url":null,"abstract":"<p>Changes in the distribution of income over time are identified based on an adjusted two-sample version of the Neyman smooth test by using subsampling methods to approximate the sampling distribution of the test statistic when samples are not independent of each other. A range of Monte Carlo experiments show that the approach corrects for size distortions arising from dependent samples as well as generating monotonic power functions. Applying the approach to studying the distribution of income in Australia over the business cycle and the Global Financial Crisis, the empirical results highlight the importance of higher-order moments and demonstrate that business cycles are not all alike as the relative strengths of higher-order moments vary over phases of the cycle.</p>","PeriodicalId":55428,"journal":{"name":"Australian & New Zealand Journal of Statistics","volume":"66 1","pages":"21-47"},"PeriodicalIF":1.1,"publicationDate":"2024-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/anzs.12405","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139515413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"数学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Angelika A. Pilkington, Brenton R. Clarke, Dean A. Diepeveen
Two-way layouts are common in grain industry research where it is often the case that there are one or more covariates. It is widely recognised that when estimating fixed effect parameters, one should also examine for possible extra error variance structure. An exact test for heteroscedasticity, when there is a covariate, is illustrated for a data set from frost trials in Western Australia. While the general algebra for the test is known, albeit in past literature, there are computational aspects of implementing the test for the two way when there are covariates. In this scenario the test is shown to have greater power than the industry standard, and because of its exact size, is preferable to use of the restricted maximum likelihood ratio test (REMLRT) based on the approximate asymptotic distribution in this instance. Formulation of the exact test considered here involves creation of appropriate contrasts in the experimental design. This is illustrated using specific choices of observations corresponding to an index set in the linear model for the two-way layout. Also an algorithm supplied complements the test. Comparisons of size and power then ensue. The test has natural extensions when there are unbalanced data, and more than one covariate may be present. Results can be extended to Balanced Incomplete Block Designs.
{"title":"Exact testing for heteroscedasticity in a two-way layout in variety frost trials when incorporating a covariate","authors":"Angelika A. Pilkington, Brenton R. Clarke, Dean A. Diepeveen","doi":"10.1111/anzs.12404","DOIUrl":"10.1111/anzs.12404","url":null,"abstract":"<p>Two-way layouts are common in grain industry research where it is often the case that there are one or more covariates. It is widely recognised that when estimating fixed effect parameters, one should also examine for possible extra error variance structure. An exact test for heteroscedasticity, when there is a covariate, is illustrated for a data set from frost trials in Western Australia. While the general algebra for the test is known, albeit in past literature, there are computational aspects of implementing the test for the two way when there are covariates. In this scenario the test is shown to have greater power than the industry standard, and because of its exact size, is preferable to use of the restricted maximum likelihood ratio test (REMLRT) based on the approximate asymptotic distribution in this instance. Formulation of the exact test considered here involves creation of appropriate contrasts in the experimental design. This is illustrated using specific choices of observations corresponding to an index set in the linear model for the two-way layout. Also an algorithm supplied complements the test. Comparisons of size and power then ensue. The test has natural extensions when there are unbalanced data, and more than one covariate may be present. Results can be extended to Balanced Incomplete Block Designs.</p>","PeriodicalId":55428,"journal":{"name":"Australian & New Zealand Journal of Statistics","volume":"65 4","pages":"309-326"},"PeriodicalIF":0.8,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/anzs.12404","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139078183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"数学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}