%A Pascal Lavergne
%J Journal of Econometrics
%T Model Equivalence Tests in a Parametric Framework
%X In empirical research, one commonly aims to obtain evidence in favor of restrictions on parameters, appearing as an economic hypothesis, a consequence of economic theory, or an econometric modeling assumption. I propose a new theoretical framework based on the Kullback-Leibler information to assess the approximate validity of multivariate restrictions in parametric models. I construct tests that are locally asymptotically maximin and locally asymptotically uniformly most powerful invariant. The tests are applied to three different empirical problems.
%N n° 3
%P 414-425
%V vol. 178
%D 2014
%I Elsevier
%L publications15779