WHAT DO QUANTILE REGRESSIONS IDENTIFY FOR GENERAL STRUCTURAL FUNCTIONS?
This paper shows what quantile regressions identify for general structural functions. Under fairly mild conditions, the quantile partial derivative identifies a weighted average of heterogeneous structural partial effects among the subpopulation of individuals at the conditional quantile of interest...
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Published in | Econometric theory Vol. 31; no. 5; pp. 1102 - 1116 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
New York, USA
Cambridge University Press
01.10.2015
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Subjects | |
Online Access | Get full text |
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Summary: | This paper shows what quantile regressions identify for general structural functions. Under fairly mild conditions, the quantile partial derivative identifies a weighted average of heterogeneous structural partial effects among the subpopulation of individuals at the conditional quantile of interest. This result justifies the use of quantile regressions as means of measuring heterogeneous causal effects for a general class of structural functions with multiple unobservables. |
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ISSN: | 0266-4666 1469-4360 |
DOI: | 10.1017/S0266466614000711 |