Journal ArticleDOI
A simple approach to quantile regression for panel data
Reads0
Chats0
TLDR
In this article, the authors provide sufficient conditions that point identify a quantile regression model with fixed effects and propose a simple transformation of the data that gets rid of the fixed effects under the assumption that these effects are location shifters.Abstract:
Summary This paper provides a set of sufficient conditions that point identify a quantile regression model with fixed effects. It also proposes a simple transformation of the data that gets rid of the fixed effects under the assumption that these effects are location shifters. The new estimator is consistent and asymptotically normal as both n and T grow.read more
Citations
More filters
Journal ArticleDOI
Quantiles via Moments
TL;DR: The methods proposed are not meant to replace the well-established quantile regression estimator, but provide an additional tool that can allow the estimation of regression quantiles in settings where otherwise that would be difficult or even impossible.
Journal ArticleDOI
Oil prices, US stock return, and the dependence between their quantiles
Nicholas Sim,Hongtao Zhou +1 more
TL;DR: In this article, the authors examined the relationship between oil prices and US equities by proposing a novel quantile-on-quantile (QQQ) approach to construct estimates of the effect that the quantiles of oil price shocks have on the quantile of the US stock return.
Journal ArticleDOI
The effects of FDI, economic growth and energy consumption on carbon emissions in ASEAN-5: Evidence from panel quantile regression
TL;DR: In this paper, the authors investigated the impact of foreign direct investment, economic growth and energy consumption on carbon emissions in five selected member countries in the Association of South East Asian Nations (ASEAN-5), including Indonesia, Malaysia, the Philippines, Singapore and Thailand.
Journal ArticleDOI
Innovation and firm growth: Does firm age play a role?
TL;DR: In this paper, the authors explored the relationship between innovation and firm growth for firms of different ages and found that young firms undertake riskier innovation activities which may have greater performance benefits (if successful), or greater losses (if unsuccessful).
Journal ArticleDOI
Energy consumption and economic growth: New evidence from the OECD countries
TL;DR: In this article, the authors introduced a growth model that considers the indicator of economic complexity as a measure of capabilities for exporting the high value-added (sophisticated) products.
References
More filters
Book
Weak Convergence and Empirical Processes: With Applications to Statistics
TL;DR: In this article, the authors define the Ball Sigma-Field and Measurability of Suprema and show that it is possible to achieve convergence almost surely and in probability.
BookDOI
Weak Convergence and Empirical Processes
TL;DR: This chapter discusses Convergence: Weak, Almost Uniform, and in Probability, which focuses on the part of Convergence of the Donsker Property which is concerned with Uniformity and Metrization.
Journal ArticleDOI
Quantile regression for longitudinal data
TL;DR: In this paper, a general approach to estimating quantile regression models for longitudinal data is proposed employing l 1 regularization methods, based on the penalized least squares interpretation of the classical random effects estimator.