Testing the Rank of the Hankel Matrix: A Statistical Approach
暂无分享,去创建一个
The rank of the Hankel matrix, corresponding to a system transfer function, is equal to the order of its minimal state space realization. The computation of the rank of the Hankel matrix is complicated by the fact that its block elements are rarely given exactly but are estimated instead. In this paper, we propose new statistical tests to determine the rank of the Hankel matrix. We also provide a Monte Carlo study on the reliability of these tests compared to existing procedures. JEL Classification: C12, C15, C32
[1] Benoit Mojon,et al. Financial Structure and the Interest Rate Channel of ECB Monetary Policy , 2000, SSRN Electronic Journal.
[2] D. Andrews. Asymptotic Results for Generalized Wald Tests , 1987, Econometric Theory.
[3] Robert Kohn,et al. Asymptotic Estimation and Hypothesis Testing Results for Vector Linear Time Series Models , 1979 .
[4] Franz Seitz,et al. The Supply and Demand for Eurosystem Deposits the First 18 Months , 2001, SSRN Electronic Journal.