Economics Homework Help

1 econometric question (estimator about the panel data)

 

A last quick tip: be as rigorous as you can in your analysis. For instance don’t forget to run your tests using the procedures we described, always discuss the significance of coefficients, and when you do algebra, justify all your steps one by one! Once you reached a conclusion, discuss the results you got and the economic meaning. To get full points, many questions are asking you for both an econometric discussion (algebra, maths and so on) and an economic interpretation (why the hell have you been through this awful algebra?), even when it’s not necessarily explicitly written.