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IV QUANTILE REGRESSION FOR GROUP-LEVEL TREATMENTS, WITH AN APPLICATION TO THE DISTRIBUTIONAL EFFECTS OF TRADE
quantile regression instrumental variables
2015/7/21
We present a methodology for estimating the distributional eects of an endogenous
treatment that varies at the group level when there are group-level unobservables, a quantile extension of Hausman a...
Incorporating Technology Diffusion, Factor Mobility and Structural Change into cross-region Growth Regression: An Application to China
Growth convergence Spatial dynamic panel Structural change China
2014/3/12
This paper advocates a spatial dynamic model that introduces technology diffusion, factor mobility, and structural change into the cross-region growth regression. The spatial setting is derived from t...
Pricing Bermudan options using nonparametric regression: optimal rates of convergence for lower estimates
Bermudan options Nonparametric regression Boundary condition;Suboptimal stopping rule
2010/11/1
The problem of pricing Bermudan options using Monte Carlo and a nonparametric regression is considered. We derive optimal nonasymptotic bounds for a lower biased estimate based on the suboptimal stopp...