This book explores empirically for West Germany whether a decline in the relative demand for less skilled workers resulted in increased unemployment. Using up-to-date econometric techniques, a balanced mixture between descriptive evidence and structural estimation is provided, and there are...

Quantile regression has emerged as an essential statistical tool of contemporary empirical economics and biostatistics. Complementing classical least squares regression methods which are designed to estimate conditional mean models, quantile regression provides an ensemble of techniques for...