Panel threshold regression (hansen 1999) programm?

2018 9 5
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更新时间：2020 9 20
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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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回答（1 个）

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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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