
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609 Exercise 16
In Example 13.1, assume that the averages of all factors other than educ have remained constant over time and that the average level of education is 12.2 for the 1972 sample and 13.3 in the 1984 sample. Using the estimates in Table, find the estimated change in average fertility between 1972 and 1984. (Be sure to account for the intercept change and the change in average education.
Table
Table

Explanation
Consider the model equation given by:
...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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