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Assignment: Use these 2 datasets to answer any economic question you want. You will do this twice. First, find a dataset for which you can perform a binary response regression. Second, find one for which you can perform a differences-in-differences regression. For each dataset, answer the following questions.
What specific model are you using? What are the dependent and independent variables. What is your primary variable of interest? i.e. what specific causal effect are you estimating? (NOTE: many of these datasets come from papers that have been published. You cannot use the same empirical strategy as those papers. You can use a completely different set of variables.)
What is the uniform annual payment for 12 years is equivalent to the above payment if the interest rate is 8%?
Determine the income elasticity of demand, and state whether good X is a normal or inferior good. Determine the own advertising elasticity of demand.
A cyclone hit Australia destroying many banana crops. Assume the banana growing market is a perfectly competitive market, show a theoretical model explaining the equilibrium position (profit/loss situation) for an individual banana producer before th..
As you consider the topic for your research paper, try and narrow the subject down to a manageable issue. Search for academic journal articles (i.e. peer reviewed) and other sources related to your selected subject. Because this is a research pa..
The fact that millions of jobs are created and destroyed every year is a sign of. The full employment in the economy is considered to be achieved when. Who would be hurt by unanticipated inflation?
Why is inflation such a difficult problem in so many economies?
According to authors Nash, Pretty and Stehouwer in "Let's Win One for the Gipper," which of the following were successes attributed to Ronald Reagan's presidency? Real growth in GDP increased 31 percent. American labor productivity increased 10.6 per..
Would most of the adjustments come on the revenue side or the expenditure side?
Analyze the effects of a tax cut in an IS-LM model. How does the tax cut shift the IS curve and the LM curve? How are equilibrium interest rate and level of income different from its original level?
For example: the article is written by Elizabeth O'Shea and Francis Wegman, the example shows the citing as Author, A. A., Author, B. B.,
You were told that a certain cash flow sequence started at $3000 in year 1 and increased by $2000 each year. How many years were required for the equivalent amount worth of sequence to be $12000 at an interest rate of 10% per year? You were told that..
Calculate the level of production for which the two methods have the same total costs. Compare the profits of the two manufacturers for production and sales of 200,000 units. Calculate the level of production and sales for which the two methods produ..
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