Search Results - subject:"quantile regression."

Kurzfristige Auktionen erhöhen Handelsvolumen und Marktliquidität an der Strombörse

Neuhoff, Karsten; Ritter, Nolan - In: DIW Wochenbericht 83 (2016) 41, pp. 987-993

Die Anteile fluktuierender erneuerbarer Stromerzeugung aus Windkraft- und Photovoltaikanlagen steigen in Deutschland und Europa. Ein effizienterer Handel dieser erneuerbarer Energien erfordert flexible Strommärkte. Hierbei können Auktionen einen effizienteren Handel ermöglichen, unter anderem...

Persistent link: https://www.econbiz.de/10011546822

Distributional price effects of rent controls in Berlin: When expectation meets reality

Thomschke, Lorenz - 2016

An enormous increase of initial rents in many German cities over the last decade has prompted the current grand coalition to implement a new rent control called "Mietpreisbremse" in 2015 (literally a brake on rental prices). This reform aims to stop exploding rents and to provide particularly...

Persistent link: https://www.econbiz.de/10011557817

Testing the convergence hypothesis for OECD countries: A reappraisal

Gadea Rivas, María Dolores; Sanz-Villarroya, Isabel - 2016

This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses some limitations of these works. Moreover, the paper tries to deal with these limitations by presenting a new and more appropriate methodology: quantile regressions. The results...

Persistent link: https://www.econbiz.de/10011559090

Does Temporary Interruption in Postsecondary Education Induce a Wage Penalty? Evidence from Canada

Fortin, Bernard; Ragued, Safa - 2016

Data from the Youth in Transition Survey reveal that almost 40% of Canadian youth who left post-secondary education in 1999 had returned two years later. This paper investigates the extent to which schooling discontinuities affect post-graduation starting real wages and whether the latter are...

Persistent link: https://www.econbiz.de/10011559586

Extreme dependence between crude oil and stock markets in Asia-Pacific regions: Evidence from quantile regression

Zhu, Huiming; Huang, Hui; Peng, Cheng; Yang, Yan - 2016

market by applying the quantile regression theory and using daily data from January 4th, 2000 to July 4th, 2016. The authors …

Persistent link: https://www.econbiz.de/10011561346

Specification testing in nonparametric instrumental quantile regression

Breunig, Christoph - 2016

. Under these conditions the nonseparable model is equivalent to an instrumental quantile regression model. A failure of the … key conditions, however, makes instrumental quantile regression potentially inconsistent. This paper develops a … methodology for testing the hypothesis whether the instrumental quantile regression model is correctly speci ed. Our test …

Persistent link: https://www.econbiz.de/10011580430

Time varying quantile Lasso

Zbonakova, Lenka; Härdle, Wolfgang Karl; Wang, Weining - 2016

operator (Lasso) method proposed by Tibshirani (1996) and extended into quantile regression context by Li and Zhu (2008). The …

Persistent link: https://www.econbiz.de/10011580445

Network quantile autoregression

Zhu, Xuening; Wang, Weining; Wang, Hangsheng; Härdle, … - 2016

It is a challenging task to understand the complex dependency structures in an ultra-high dimensional network, especially when one concentrates on the tail dependency. To tackle this problem, we consider a network quantile autoregres- sion model (NQAR) to characterize the dynamic quantile...

Persistent link: https://www.econbiz.de/10011580447

A quantile correlated random coefficients panel data model

Graham, Bryan S.; Hahn, Jinyong; Poirier, Alexandre; … - 2016

We propose a generalization of the linear quantile regression model to accommodate possibilities afforded by panel data …. Specifically, we extend the correlated random coefficients representation of linear quantile regression (e.g., Koenker, 2005 …

Persistent link: https://www.econbiz.de/10011594348

Information sharing and conditional financial development in Africa

Asongu, Simplice; Anyanwu, John; Tchamyou, Vanessa - 2016

This study examines conditional financial development from information sharing in 53 African countries for the period 2004-2011, using contemporary and non-contemporary quantile regressions (QR) which enable the assessment of the effect of information sharing throughout the conditional...

Persistent link: https://www.econbiz.de/10011596337