Hey Members, I'm running quantile regression with panel data using STATA, i find that there are two options :
1- Robust quantile regression for panel data: Standard using (qregpd )
2- Robust quantile regression for panel data with MCMC: using (adaptive Markov chain Monte Carlo)
Can anyone please explain me the use of MCMC ? how can i analyse the output of Robust quantile regression for panel data with MCMC ? thanks