17 September 2016 7 4K Report

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

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