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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.
If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government pur
Process of least cost method and how to do a minimisation problem
Suppose a small open economy is characterised by the following equations/information: Y =6K 0 L 1-α K 0 = 30,000 L 0 = 10,000
what is the case of autocorrelation
Let W be a random variable such that Supp (W) = {2, -1, 0, 1, 2 } and What is p? Define U = W 2 . What is Supp (U) and fU (u) = Pr [U = u] for u ∈ Supp (U)? Compute E [W] a
question number one
Show which of the following are cross-section data, giving the reasons. (i) Wages of individual workers in the UK chemical industry in 2009. (ii) Annual growth rates of eve
I am beginning my thesis and I need some advice. I am trying to estimate a probit model. The binary dependent variable is employment status and the independent variables include:
How can a person achieve his goal for development?Explain it with 5 examples.
Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?
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