Methods to assess and address assumption violations are crucial in statistical model selection. Techniques like residual analysis, normality tests, and variance inflation factors are employed to ...

Econometric Theory, Vol. 21, No. 1, ET 20th Anniversary Colloquium: Automated Inference and the Future of Econometrics (Feb., 2005), pp. 60-68 (9 pages) Standard econometric model selection methods ...

Model averaging has long been proposed as a powerful alternative to model selection in regression analysis. However, how well it performs in high-dimensional regression is still poorly understood.