Panel threshold regression (hansen 1999) programm?
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I am trying to estimate a threshold regression model. I want to make use of the Hansen Matlab code on "Threshold Effects in Non-Dynamic Panels: Estimation, Testing and Inference".
However, i want to understand this equation in red plz?
What represent the number 0.1 and 0.9 ? can anyone help me?
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Francesca De Vincenzo
on 20 Sep 2020
Ho Makouf, did you fix your problem? I met the same diffocult right now, would appreciate if you could help me.
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