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Nonlinear quantile regression under dependence and heterogeneity

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Author Info
Oberhofer, Walter
Haupt, Harry

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Abstract

This paper derives the asymptotic normality of the nonlinear quantile regression estimator with dependent errors. The required assumptions are weak, and it is neither assumed that the error process is stationary nor that it is mixing. In fact, the notion of weak dependence introduced in this paper, can be considered as a quantile specific local variant of known concepts. The connection of the derived asymptotic results to corresponding results of least squares estimation is obvious.

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Publisher Info
Paper provided by University of Regensburg, Department of Economics in its series Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft with number 388.

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Date of creation: 11 Mar 2005
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Handle: RePEc:bay:rdwiwi:479

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Related research
Keywords: Quantile regression; nonlinear regression; asymptotics; Quantil; Nichtlineares Regressionsmodell; Asymptotik;

Find related papers by JEL classification:
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions

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