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- W4385603735 abstract "This paper proposes a new instrumental-type estimator of quantile regression models for panel data with fixed effects. The estimator is built upon the minimum distance, which is defined as the weighted average of the conventional individual instrumental variable quantile regression slope estimators. The weights assigned to each estimator are determined by the inverses of their corresponding individual variance–covariance matrices. The implementation of the estimation has many advantages in terms of computational efforts and simplifies the asymptotic distribution. Furthermore, the paper shows consistency and asymptotic normality for sequential and simultaneous asymptotics. Additionally, it presents an empirical application that investigates the income elasticity of health expenditures." @default.
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- W4385603735 date "2023-08-04" @default.
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- W4385603735 title "A New Instrumental-Type Estimator for Quantile Regression Models" @default.
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- W4385603735 doi "https://doi.org/10.3390/math11153412" @default.
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