Christopeit, Norbert; Hoderlein, Stefan G. N. - In: Econometrica 74 (2006) 3, pp. 787-817
In this paper, we introduce a kernel-based estimation principle for nonparametric models named local partitioned regression (LPR). This principle is a nonparametric generalization of the familiar partition regression in linear models. It has several key advantages: First, it generates estimators...