This paper is concerned with developing a semiparametric panel model to explain the trend in UK temperatures and other weather outcomes over the last century. We work with the monthly averaged maximum and minimum temperatures observed at the twenty six Meteorological Office stations. The data is...

Endogeneity and misspecification of models are two main concerns in structural estimation, which usually involves the optimal choices of economic agents with unobservable characteristics. In estimating production functions, input variables are endogenous because input decisions depend on...

Nonparametric function estimation via local polynomial regression has been widely studied in the literature, especially in the past two decades. In practice, we confront two challenges. Firstly, the local least squares estimator may not be the best choice when errors are heavily tailed....