Applied quantile regression: microeconometric, financial, and environmental analyses

In 1978, Roger Koenker and Gilbert Bassett, Jr. introduced a new econometric estimation method and entitled it quantile regression. Since then, many subsequent authors have elaborated and extended the underlying theoretical framework. Other contributions have successfully applied the procedure to a wide range of problems from a variety of scientific branches.This study presents the basic features of quantile regression along with some important properties and a selection of significant extensions and applications. Subsequently, the procedure is used in three new and original empirical regression settings to demonstrate the universality and flexibility of the approach.