Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055387 | Economic Modelling | 2011 | 13 Pages |
Abstract
⺠In this paper we propose a systemwise median regression method. ⺠We call it the Seemingly Unrelated Median Regression Equations (SUMRE). ⺠The SUMRE produces more efficient and robust results than the LAD or the OLS methods. ⺠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
Ghazi Shukur, Zangin Zeebari,