Questions from General Economics

Q: Use the data in KIELMC for this exercise. (i

Use the data in KIELMC for this exercise. (i) The variable dist is the distance from each home to the incinerator site, in feet. Consider the model If building the incinerator reduces the value of hom...

Q: Add a linear time trend to equation (11.27).

Add a linear time trend to equation (11.27). Is a time trend necessary in the first-difference equation? (ii) Drop the time trend and add the variables ww2 and pill to (11.27) (do not difference these...

Q: Use the data in INJURY for this exercise. (i

Use the data in INJURY for this exercise. (i) Using the data for Kentucky, reestimate equation (13.12), adding as explanatory variables male, married, and a full set of industry and injury type dummy...

Q: Use the data in RENTAL for this exercise. The data for

Use the data in RENTAL for this exercise. The data for the years 1980 and 1990 include rental prices and other variables for college towns. The idea is to see whether a stronger presence of students a...

Q: Use CRIME3 for this exercise. (i) In the

Use CRIME3 for this exercise. (i) In the model of Example 13.6, test the hypothesis H0:

Q: Use GPA3 for this exercise. The data set is for 366

Use GPA3 for this exercise. The data set is for 366 student-athletes from a large university for fall and spring semesters. [A similar analysis is in Maloney and McCormick (1993), but here we use a tr...

Q: VOTE2 includes panel data on House of Representatives elections in 1988 and

VOTE2 includes panel data on House of Representatives elections in 1988 and 1990. Only winners from 1988 who are also running in 1990 appear in the sample; these are the incumbents. An unobserved effe...

Q: Use CRIME4 for this exercise. (i) Add the

Use CRIME4 for this exercise. (i) Add the logs of each wage variable in the data set and estimate the model by first differencing. How does including these variables affect the coefficients on the cri...

Q: Use the data in RENTAL for this exercise. The data on

Use the data in RENTAL for this exercise. The data on rental prices and other variables for college towns are for the years 1980 and 1990. The idea is to see whether a stronger presence of students af...

Q: Use the data in AIRFARE for this exercise. We are interested

Use the data in AIRFARE for this exercise. We are interested in estimating the model where