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Question: In his article, "Instrumental-Variable Estimation of Count Data Models: Applications to Models of Cigarette Smoking Behavior", Review of Economics and Statistics (1997, pp. 586-93). John Muliahy wanted to find out if a mother's smoking during pregnancy adversely affected her baby's birth weight. To answer this question he considered several variables, such as natural log of birth weight, gender (1 if the baby is male), parity (number of children the woman has borne), the number of cigarettes the mother smoked during pregnancy, family income, father's education, and mother's education. The raw data can be found on the website of Michael Murray (https://www.aw-bccom/murray/). Download this data set and develop your own model of the effect of mother's smoking during pregnancy on the baby's birth weight and compare your results with those of John Mtdlahy. State your reasons why you think that a standard logit or probit model is sufficient without resorting to IV estimation.
You are the administrator of hospital and situation has been brought to your attention.
Explain how would you view the merger if the streaming video services patent was declared invalid and many firms entered with streaming their own video services.
Elucidate impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run.
during the great depression the us economy experienced many bank runs to the point where people became unwilling to
Suppose the marginal expense of hiring another worker is $150 and the marginal expense of hiring current workers for an extra hour is $10.
Raj's Utility bundles of X and Y is given by U(X,Y)=XY A. Fill in the table with Raj's utility for the corresponding bundles x=1 x=2 x=3 ,y=1 ,y=2 ,y=3 B. Wri..
The following events have their initial impact on which of the following: aggregated demand, short-run aggrevated supply, long-run aggregated supply, or both short-run and long-run aggregated supply. Do the curves shift to the right or left.
Show the change in the market for orange juice that is consistent with the following statement: "When a cold snap hits Florida, the price of orange juice rises in supermarkets throughout the country."
Which nation should specialize in the production of Good X and which country should specialize in the production of Good Y.
Educational supplies and equipment.
Describe the impact of globalization on the firm. Are there any effects on its cost structure, markets, currency risk, and overall strategy.
List and describe the recessions that have occurred since 1949. Examine each of those recessions and explain which recession was the most severe and which one was the least severe.
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