English Abstract: The term structure of interest rates is a key information variable, which indicates the movements of …

Regression Estimator). The QCCRE provides an estimation method for quantile regression with non-stationary time series data. The … mixed normal distribution. The estimation results show that disposible income has a positive effect which confirms previous …

firm information and so there are some insufficiencies. Thus it is of great importance to compile the required data on …

overall. We made an illustrative application, an estimation of Okun’s law with regional panel data from 16 local Korean … goverments by using the proposed estimator. The estimation results shows that the effects of growth rates on unemployment rates …