Abstract
We investigate statistical inference for a quantile correlation coefficient. We propose a bootstrap approach and demonstrate the validity of the method. To illustrate the approach, we estimate an intergenerational income parameter using the Panel Study of Income Dynamics.
Original language | English |
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Article number | 111160 |
Journal | Economics Letters |
Volume | 228 |
DOIs | |
State | Published - Jul 2023 |
Bibliographical note
Publisher Copyright:© 2023 Elsevier B.V.
Keywords
- Bootstrap inference
- Income and poverty
- Intergenerational correlation
- Quantile correlation
ASJC Scopus subject areas
- Finance
- Economics and Econometrics