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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Economics Lettersarrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
Economics Letters
Article . 2012 . Peer-reviewed
License: Elsevier TDM
Data sources: Crossref
SSRN Electronic Journal
Article . 2010 . Peer-reviewed
Data sources: Crossref
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Identifying monotonic and non-monotonic relationships

Authors: Shlomo Yitzhaki; Shlomo Yitzhaki; Edna Schechtman;

Identifying monotonic and non-monotonic relationships

Abstract

The basic assumption in regression analysis is that there is a linear relationship between the dependent and the independent variable over the entire range of the independent variable. The resultant regression coefficient conveys qualitative and quantitative information about the relationship. The qualitative information is given by the sign of the regression coefficient, while the quantitative information is given by the magnitude of the coefficient. The main contribution of this paper is to suggest simple graphical tools that can indicate the robustness of the qualitative results. That is, check whether the relationship between the dependent variable and the independent variable is monotonic over the entire range or not and in addition, if the relationship is not monotonic then the graphs can be used to identify the different sections with different signs and inform the user on the possibility and the type of monotonic transformations that can change the sign of the regression coefficient. The new techniques are illustrated by examples from the labor market. The adaptation of the methodology to a multiple regression case is also discussed.

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    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    19
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
Powered by OpenAIRE graph
Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
19
Average
Top 10%
Top 10%
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