{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,8]],"date-time":"2025-10-08T16:19:16Z","timestamp":1759940356761},"reference-count":0,"publisher":"Cambridge University Press (CUP)","issue":"5","license":[{"start":{"date-parts":[[1999,10,1]],"date-time":"1999-10-01T00:00:00Z","timestamp":938736000000},"content-version":"unspecified","delay-in-days":0,"URL":"https:\/\/www.cambridge.org\/core\/terms"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Econom. Theory"],"published-print":{"date-parts":[[1999,10]]},"abstract":"<jats:p>This paper proposes a version of the integrated \nconditional moment (ICM) test that is optimal for a class \nof composite alternatives. The ICM test is built on the \nfact that a random function based on a correctly specified \nmodel should have zero mean, whereas any misspecification \nin the conditional mean implies a divergent mean for the \nrandom function. We derive test statistics that are optimal \nfor each basis element of an orthonormal decomposition \nof the function space for which the random function is \nan element. We then use a weighted summation of these test \nstatistics to compose the single test statistic that is \noptimal for any pair of alternatives that are symmetric \nabout zero. This test is equivalent to using a particular \nmeasure in the ICM test of Bierens and Ploberger (1997, \n<jats:italic>Econometrica<\/jats:italic> 65, 1129\u20131152).<\/jats:p>","DOI":"10.1017\/s026646669915504x","type":"journal-article","created":{"date-parts":[[2002,7,27]],"date-time":"2002-07-27T13:45:46Z","timestamp":1027777546000},"page":"710-718","source":"Crossref","is-referenced-by-count":12,"title":["OPTIMALITY FOR THE INTEGRATED CONDITIONAL MOMENT TEST"],"prefix":"10.1017","volume":"15","author":[{"given":"Wm. Brent","family":"Boning","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Fallaw","family":"Sowell","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"56","published-online":{"date-parts":[[1999,10,1]]},"container-title":["Econometric Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S026646669915504X","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,5,9]],"date-time":"2019-05-09T20:09:34Z","timestamp":1557432574000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S026646669915504X\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1999,10]]},"references-count":0,"journal-issue":{"issue":"5","published-print":{"date-parts":[[1999,10]]}},"alternative-id":["S026646669915504X"],"URL":"https:\/\/doi.org\/10.1017\/s026646669915504x","relation":{},"ISSN":["0266-4666","1469-4360"],"issn-type":[{"value":"0266-4666","type":"print"},{"value":"1469-4360","type":"electronic"}],"subject":[],"published":{"date-parts":[[1999,10]]}}}