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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 2
Can the regression that you suggested in response to Question 10.2 be used to estimate the effect of gender on an individual's earnings Can that regression be used to estimate the effect of the national unemployment rate on an individual's earnings Explain.
Explanation
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A person-specific fixed effect is a vari...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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