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regime-switching approaches, quantitative evaluation of contingent capital and its applications, high quantiles estimation …
Persistent link: https://www.econbiz.de/10010326212
a positive return for individuals at high quantiles, they have a negative impact at low quantiles. Similarly, while more … highly paid teachers benefit drop-outs at high quantiles and graduates at low quantiles, they have a negative return for all …
Persistent link: https://www.econbiz.de/10010334636
This paper provides a method to construct simultaneous confidence bands for quantile and quantile effect functions for possibly discrete or mixed discrete-continuous random variables. The construction is generic and does not depend on the nature of the underlying problem. It works in conjunction...
Persistent link: https://www.econbiz.de/10011583293
This paper provides a method to construct simultaneous confidence bands for quantile and quantile effect functions for possibly discrete or mixed discrete-continuous random variables. The construction is generic and does not depend on the nature of the underlying problem. It works in conjunction...
Persistent link: https://www.econbiz.de/10011594344
Often only limited information can be elicited from experts about a distribution, such as quantiles or other summary …
Persistent link: https://www.econbiz.de/10009483564
In this paper, we propose a model-free bootstrap method for the empirical process under absolute regularity. More precisely, consistency of an adapted version of the so-called dependent wild bootstrap, that was introduced by Shao (2010) and is very easy to implement, is proved under minimal...
Persistent link: https://www.econbiz.de/10011441837
Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We consider general heterogenous demand where preferences and linear budget sets are statistically independent. Only the marginal distribution of...
Persistent link: https://www.econbiz.de/10011445701
It is believed that jobs in the service sector generally require more brain-related rather than labor-related skills compared to those in the industrial sector, thus females should have a comparative advantage in the service sector. Using the data from the 2017 China Household Finance Survey, we...
Persistent link: https://www.econbiz.de/10012610085
In the prediction of quantiles of daily Standard&Poor's 500 (S&P 500) returns we consider how to use high-frequency 5 …
Persistent link: https://www.econbiz.de/10010421307
Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We consider general heterogenous demand where preferences and linear budget sets are statistically independent. We find that the dimension of...
Persistent link: https://www.econbiz.de/10010318724