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As a natural experiment to estimate the effect of education on receivings, a researcher compares the schooling and educational attainment of two groups of people. The first consists of those that lived in a state that devoted a high percentage of its budget to post secondary education. The second consists of those that lived in a state that devoted little money to education. The first is the treatment group and the second is the control group.
(a) Assuming the researcher has information on the schooling, earnings, and state funding for higher education for a sample of people, how might this natural experiment be conducted?
(b) Evaluate the strengths and weaknesses of this experiment.
Industry structure is often measured by computing the Four Firm Concentration Ratio. Assume you have an industry with 20 companies and the CR IS 30 percent.
A security analyst specializing in stocks of motion picture industry the relation in number of movie theater tickets sold in December and the annual level of earnings in motion picture industry.
Suppose that the home currency start to appreciate against other currencies, this should the current account balance, other things equal
The local operations manager for IRS must decide whether to employee 1, 2, or 3 temporary employees. He determine that net revenues will vary with how well taxpayers comply with new tax code.
When testing whether each of independent variables in a multiple regression equation is statistically significant in describing variations in the dependent variable,
You have given the following data about the amount your firm can manufacture per day given the number of workers it hires.
Determine what is the state of the economy in brazil versus the united states and discuss the GDP of brazil and the united states?
The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?
Rubax, a United States producer of athletic shoes, estimates the following linear trend model for shoe sales:
The Australian government administers two programs that affect the market for cigarettes.
Estimating equation through a correcting factor to correct heteroskedasticity may cause extra correlation to enter the model, which increase the R^2.
Are there any predictable performance cycles for Wal-mart? If so, what are the periods over which its cycle waxes and wanes?
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