Tests for normality in linear panel data models

A new Stata command, xtsktest, is proposed to explore non-normalities in linear panel data models. The tests explore skewness and excess kurtosis allowing researchers to identify departures away from gaussianity in both error components of a standard panel regression, sepa- rately or jointly. The te...

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Autores principales: Alejo, Javier, Galvao, Antonio, Montes-Rojas, Gabriel, Sosa Escudero, Walter
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 2015
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/51201
http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas178.pdf
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Sumario:A new Stata command, xtsktest, is proposed to explore non-normalities in linear panel data models. The tests explore skewness and excess kurtosis allowing researchers to identify departures away from gaussianity in both error components of a standard panel regression, sepa- rately or jointly. The tests are based on recent results by Galvao, Montes- Rojas, Sosa-Escudero and Wang (2013), and can be seen as extending the classical Bera-Jarque normality test for the case of panel data.