
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
النسخة 4الرقم المعياري الدولي: 978-0324660609
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
النسخة 4الرقم المعياري الدولي: 978-0324660609 تمرين 13
Apply RESET from equation to the model estimated in Computer Exercise. Is there evidence of functional form misspecification in the equation
(ii) Compute a heteroskedasticity-robust form of RESET. Does your conclusion from part (i) change
y = 0 + 1 x 1 +… + k x k + 1
2 + 2
3 +error.
In Problem 4.2, we added the return on the firm's stock, ros, to a model explaining CEO salary; ros turned out to be insignificant. Now, define a dummy variable, rosneg, which is equal to one if ros _ 0 and equal to zero if ros _ 0. Use CEOSAL1.RAW to estimate the model
Discuss the interpretation and statistical significance of
3.
(ii) Compute a heteroskedasticity-robust form of RESET. Does your conclusion from part (i) change
y = 0 + 1 x 1 +… + k x k + 1


In Problem 4.2, we added the return on the firm's stock, ros, to a model explaining CEO salary; ros turned out to be insignificant. Now, define a dummy variable, rosneg, which is equal to one if ros _ 0 and equal to zero if ros _ 0. Use CEOSAL1.RAW to estimate the model

Discuss the interpretation and statistical significance of

التوضيح
(i)
The model estimated in Computer Exer...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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