Modeling Income Data via New Parametric Quantile Regressions: Formulation, Computational Statistics, and Application
Income modeling is crucial in determining workers’ earnings and is an important research topic in labor economics. Traditional regressions based on normal distributions are statistical models widely applied. However, income data have an asymmetric behavior and are best modeled by non-normal distribu...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-01-01
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Series: | Mathematics |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7390/11/2/448 |