Article ID Journal Published Year Pages File Type
5055387 Economic Modelling 2011 13 Pages PDF
Abstract
► In this paper we propose a systemwise median regression method. ► We call it the Seemingly Unrelated Median Regression Equations (SUMRE). ► The SUMRE produces more efficient and robust results than the LAD or the OLS methods. ► This is confirmed analytically, by Monte Carlo simulations and an empirical study.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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