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You are to develop and execute a basic Difference-In-Differences model estimation. , using basic OLS regression in Excel is sufficient. What is more important is that you gain an understanding of DID and are able to communicate it correctly. Specifically, you should do the following
1. State your model, clearly identifying each of your variables. What is your dependent variable, what are your independent variables, and what is your DID estimator?
2. Collect and organize the data you will use in an Excel spread sheet.
3. Run are gression based on the model.
4. Discuss your results. Clearly explain the impact of your variables on your dependent variable, paying particular attention to your average treatment effect. What does it mean?
The cost of raw material, direct labor, energy, and other variable inputs is about $24000 monthly. Unfortunately, an estimate of Jackie Brown fixed costs
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