A Note on Unemployment Persistence and Quantile Parameter Heterogeneity
19 Pages Posted: 14 Feb 2015
The standard approach to the estimation of unemployment persistence assumes that quantile parameter heterogeneity does not matter. Using panel quantile autoregression techniques on state-level data for the United States (1980-2010), we suggest that it does.
Keywords: quantile regression, unemployment, dynamic models
JEL Classification: C23, J64
Suggested Citation: Suggested Citation