Censored median regression models have been shown to be useful for analyzing a variety of censored survival data with the robustness property. We study sparse estimation and inference of censored median regression. The new method minimizes an inverse censoring probability weighted least absolute...

Air toxic emission factor data often contain one or more censored points below a single or multiple detection limits. Such data sets are referred to as "censored." Conventional methods used to deal with censored data sets include removing non-detects, or replacing the censored points with zero,...

This paper investigates the effect of the introduction of exchange-traded funds (ETFs) on the liquidity of individual stocks. Prior analytical studies suggest that uninformed investors strictly prefer trading ETFs to trading individual stocks in order to avoid trading against informed investors....