Randomization Tests in Econometrics
介绍随机化检验在计量经济学中的应用，解释其原理、优势及常见陷阱，帮助研究者判断是否采用该方法。
Numerous shuffling of data produce a distribution of test statistic values that can be used to assess the degree to which the test statistic value produced by the actual data is unusual. Because this controversial randomization testing methodology, made practical by the computer revolution, has begun to appear in applied econometric studies, econometricians should become familiar with its mechanics, rationale, and interpretation, all of which are quite different from the status quo. This paper exposits randomization tests in an econometric context, discusses their advantages, and alerts practitioners to pitfalls.(This abstract was borrowed from another version of this item.)