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Regression towards the mode

Kemp, GCR and Santos Silva, JMC (2010) Regression towards the mode. UNSPECIFIED. University of Essex, Department of Economics Discussion Papers 686.

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Abstract

We propose a semi-parametric mode regression estimator for the case in which the variate of interest is continuous and observable over its entire un- bounded support. The estimator is semi-parametric in that the conditional mode is specified as a parametric function, but only mild assumptions are made about the nature of the conditional density of interest. We show that the proposed estimator is consistent and has a tractable asymptotic distribution. Simulation results and an empirical illustration are provided to highlight the practicality and usefulness of the estimator.

Item Type: Monograph (UNSPECIFIED)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 06 Mar 2013 18:37
Last Modified: 17 Aug 2017 18:01
URI: http://repository.essex.ac.uk/id/eprint/5757

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