Is it necessary to Wald tests before generating Panel Quantile Regression?

09 December 2024 1 3K Report

Some empirical studies using Panel Quantile Regression have tested Wald tests, and some have not. Is it necessary to generate Wald tests? As I understand, they used Wald tests to consider the Symmetry test. Is that right? Is it essential to do this test?

Andrew Paul McKenzie Pegman

It's a good idea, or even a sensitivity test :)

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