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(a) Estimate how much more or less workers on average earn when they work for government as opposed to private sector, holding their characteristics constant. Interpret the findings.
(b) Assess whether government is a more 'meritocratic' employer. Do this by expanding the model in a) to test whether ability (asvabc) and years of schooling (s) have larger effect on earnings in government than in the private sector. Interpret the findings.
anova model two qualitatlve var
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suppose only one professor teaches economics at your university, would you say that this prof is a monopolist who can exact any price from students in the form of readings assigned
Problem: a) Using a financial or economics theory, determine a simultaneous structural model and a recursive model, explaining each variable used in the models. b) Using
Consider the following short run production function. Q 0 15 35 60 90 115 135 150 16
I have a project and I need help with the writing. I have the data and the SPSS regression, park test
The following regression was estimated to explain the inflation rate in the USA. The data set contains annual observations from 1970 to 2010. Inft = 2500 + 50*Xt +
Outdoor Travel Inc. needs to estimate the cost of capital for the evaluation of capital expenditures. A typical project is financed with 25% debt-to-value ratio (i.e., D/(D+E) = 0.
Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.
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