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Problem #1
Discuss where valid instruments come from. Part of your explorations must deal withchecking the validity of instruments and what the consequences of weak instruments are.
Problem #2
Discuss the Overidentifying Restrictions Test. What is meant exactly by "overidentifi-cation?" State the null hypothesis. Describe how to calculate the J-statistic and whatits distribution is. Use an example of two instruments and one endogenous variable toexplain under what situation the test will be likely to reject the null hypothesis. Whatdoes this example tell you about the exactly identified case? If your variables pass thetest, is this sufficient for these variables to be good instruments?
Choose any firm and think about its buying and selling activities -everyone buys and sells, or at least "procures" and "supplies", or otherwise participates in exchange transactions.
A growing number of businesses-including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains-are feeling the heat from government, the press, and society at large for encouraging harmful
What is price elasticity How does Moore's Law relate to this concept What is sepcial about falling chip price What is the advantage of using grid computing to simulate an automobile crash test as opposed to actually stag
A growing economy means that the economy is producing more and more "stuff", either because it has more resources (workers), or uses those resources more productively (smarter, better workers, working with better machines and systems).
Examine the International Monetary Fund
What is the maximum amount of new loans that this bank can make and assume that the bank makes these loans. What will the new balance sheet look like?
Calculate the correlations between life expectancy and the two measures of GDP per person
Computer software utilizes skilled labor relatively intensively.If trade between the U.S. and India is free, which good will the U.S. export and which will it import? What will happen to production of the two goods (increase or decrease) in the U...
Consider that there is now a website that helps professors check for plagiarism by comparing student papers with millions of online pages using the top 20 search engines. The system even identifies papers composed of bits and pieces of online text.
how do i compute the short run total product average product of labor and marginal product of labor given the
competitive advantage implies the creation of a system that has a unique advantage over competitors. with the advent of
How many employees does the RTWMTC company have, and what is the breakdown of their salaries - what additional costs does RTWMTC have (include utilities, lease/mortgage, phone, etc.)?
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