Chernozhukov, Victor; Fernandez-Val, Ivan; Galichon, Alfred - Department of Economics, Boston University - 2007
The most common approach to estimating conditional quantile curves is to fit a curve, typically linear, pointwise for … each quantile. Linear functional forms, coupled with pointwise fitting, are used for a number of reasons including … logical monotonicity requirement-that the quantile curve be increasing as a function of probability. This paper studies the …