• 论文 •

### 面板向量分位数回归及其在居民消费行为研究中的应用

• 出版日期:2014-06-15 发布日期:2014-07-14

### Panel Vector Quantile Regression and its Application at the Residents' Consumption Behavior Study

Jianhong Wu et al.

• Online:2014-06-15 Published:2014-07-14

Abstract: This paper firstly studies the quantile regression for panel data vector autoregressive models based on the quantile regression parameter estimation method in the literature by introducing the instrumental variables. Monte Carlo simulation results show that, in comparison with the quantile regression fixed effects method, when the time periods is short, the instrumental variables method sharply reduces the bias and RMSE, and then enhance the accuracy of the estimate. Furthermore, we analysis the relation among the China urban population survival data, development data and enjoyable consumption data based on the panel vector quantile regression method proposed in this paper.