Questions from Econometrics

Q: The GSOEP data are an unbalanced panel, with 7,293

The GSOEP data are an unbalanced panel, with 7,293 groups. Continue your analysis in Application 3 by fitting the Poisson model with fixed and with random effects and compare your results. (Recall, li...

Q: Appendix Table F18.3 contains data on ship accidents reported in

Appendix Table F18.3 contains data on ship accidents reported in McCullagh and Nelder (1983). The data set contains 40 observations on the number of incidents of wave damage for oceangoing ships. Regr...

Q: We examined Ray Fair’s famous analysis (Journal of Political Economy,

We examined Ray Fair’s famous analysis (Journal of Political Economy, 1978) of a Psychology Today survey on extramarital affairs in Example 18.18 using a Poisson regression model. Although the depende...

Q: The Mroz (1975) data used in Example 19.10

The Mroz (1975) data used in Example 19.10 (see Appendix Table F5.1) also describe a setting in which the tobit model has been frequently applied. The sample contains 753 observations on labor market...

Q: Continuing the analysis of the previous application, note that these data

Continuing the analysis of the previous application, note that these data conform precisely to the description of corner solutions in section 19.3.4. The dependent variable is not censored in the fash...

Q: Stochastic Frontier Model. section 10.3.1 presents estimates

Stochastic Frontier Model. section 10.3.1 presents estimates of a cobb–Douglas cost function using Nerlove’s 1955 data on the U.s. electric power industry. christensen and Greene’s 1976 update of this...

Q: The application in chapter 3 used 15 of the 17,919

The application in chapter 3 used 15 of the 17,919 observations in Koop and Tobias’s (2004) study of the relationship between wages and education, ability, and family characteristics. (see Appendix Ta...

Q: The data used to fit the expectations augmented Phillips curve in Example

The data used to fit the expectations augmented Phillips curve in Example 20.3 are given in Appendix Table F5.2. Using these data, reestimate the model given in the example. Carry out a formal test fo...

Q: Data for fitting an improved Phillips curve model can be obtained from

Data for fitting an improved Phillips curve model can be obtained from many sources, including the Bureau of Economic Analysis’s (BEA) own Web site, www. economagic.com, and so on. Obtain the necessar...

Q: (This exercise requires appropriate computer software. The computations required can

(This exercise requires appropriate computer software. The computations required can be done with RATS, EViews, Stata, LIMDEP, and a variety of other software using only preprogrammed procedures.) Qua...