c_fun

<p>Compute the difference between mean of subvectors of two vectors</p>

We implement a test of the rational expectations hypothesis based on the marginal distributions of realizations and subjective beliefs from D'Haultfoeuille, Gaillac, and Maurel (2018) <doi:10.3386/w25274>. This test can be used in cases where realizations and subjective beliefs are observed in two different datasets that cannot be matched, or when they are observed in the same dataset. The package also computes the estimator of the minimal deviations from rational expectations than can be rationalized by the data.

Christophe Gaillac

RationalExp

Rationalizing Rational Expectations. Tests and Deviations

c_fun: Compute the difference between mean of subvectors of two vectors

Description

Usage

Arguments

Value