University of Illinois Urbana-Champaign

Essays on the Effectiveness of Public School Spending and Simultaneous Equation Quantile Regression

Deke, John Gregory

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Description

Title
Essays on the Effectiveness of Public School Spending and Simultaneous Equation Quantile Regression
Author(s)
Deke, John Gregory
Issue Date
2000
Doctoral Committee Chair(s)
Kevin F. Hallock
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Education, Finance
Language
eng
Abstract
The final essay suggests a robust alternative to Seemingly Unrelated Regression (SUR) for two equations. This simultaneous equation median regression estimator is investigated using Monte Carlo simulations. Simulation results support the conjecture that this estimator is unbiased, Normally distributed, and more efficient than single equation median regression. In cases of t 3 and heteroskedastic errors, it is also more efficient than SUR. These conjectures are further supported with an empirical example using data from the second essay.
Graduation Semester
2000
Type of Resource
text
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http://hdl.handle.net/2142/85673

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