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• W2159550792 abstract "This paper considers an empirical likelihood method to estimate the parameters of the quantile regression (QR) models and to construct confidence regions that are accurate in finite samples. To achieve the higher-order refinements, we smooth the estimating equations for the empirical likelihood. We show that the smoothed empirical likelihood (SEL) estimator is first-order asymptotically equivalent to the standard QR estimator and establish that confidence regions based on the smoothed empirical likelihood ratio have coverage errors of order n^{-1} and may be Bartlett-corrected to produce regions with an error of order n^{-2}, where n denotes the sample size. We further extend these results to censored quantile regression models. Our results are extensions of the previous results of Chen and Hall (1993) to the regression contexts. Monte Carlo experiments suggest that the smoothed empirical likelihood confidence regions may be more accurate in small samples than the confidence regions that can be constructed from the smoothed bootstrap method recently suggested by Horowitz (1998)." @default.
• W2159550792 created "2016-06-24" @default.
• W2159550792 creator A5007496772 @default.
• W2159550792 date "2004-03-01" @default.
• W2159550792 modified "2023-09-26" @default.
• W2159550792 title "Smoothed Empirical Likelihood Methods for Quantile Regression Models" @default.
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