Mathematics Homework Help
Amherst College Econometrics Statistics Worksheet
Question are attached in the document. all questions must be answered, it is said that should not take more than 4 hour max but you may use more time if it helps. Question 1-8 must be answered, here is a sample of one of the questions. PLease read the questions before you bid, I you cannot answer them pleased do not bid.
4. Many school districts pay for new school buildings with bond issues that must be approved by majority
vote in an election. Supporters of these bond issues typically argue that new buildings improve schools
and thereby boost housing values. A recent economics paper used RD to test whether passage of school
bonds caused housing values to rise.
(a) (5 pts) What is the assignment variable (a.k.a. the running variable)? Hint: time is not the
assignment variable.
(b) (10 pts) Explain how to use a basic sharp RD approach to estimate the eect of school bond
passage on housing values.
(c) (5 pts) Provide an equation that implements the approach you described in (b). Assume you
observe sale prices of individual homes. Be sure you properly subscript your variables.