CONSISTENT SPECIFICATION TESTING FOR CONDITIONAL SYMMETRY
提出一种基于核方法的条件对称性一致设定检验，证明检验统计量在原假设下渐近服从标准正态分布，并通过蒙特卡洛模拟评估有限样本表现。
This paper presents a consistent specification test of conditional symmetry using a kernel method. The test statistic is shown to be asymptotically distributed as standard normal under the null hypothesis of conditional symmetry and consistent against any conditional asymmetric distribution. Power against local alternatives is also investigated. A Monte Carlo simulation is provided to evaluate the finite-sample performance of the test.