ECONOMETRICS I Winter 2014 PROBLEM SET 1 This assignment is due on Tuesday, January 21st, at the beginning of the practice session at 8:15 am. Late so...
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Solutions for Econometrics I Homework No.1 due 2006-02-20 Feldkircher, Forstner, Ghoddusi, Grafenhofer, Pichler, Reiss, Yan, Zeugner Exercise 1.1
Preface This text provides an introduction to spatial econometrics as well as a set of MATLAB functions that implement a host of spatial econometric estimation
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ECONOMETRICS Bruce E. Hansen °c 2000, 20181 University of Wisconsin Department of Economics This Revision: January 2018 Comments Welcome 1This manuscript may be
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ECONOMETRICS Bruce E. Hansen °c 2000, 2001, 2002, 2003, 2004, 20051 University of Wisconsin www.ssc.wisc.edu/~bhansen Revised: January 2005 Comments Welcome
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ECONOMETRICS I Winter 2014 PROBLEM SET 1 This assignment is due on Tuesday, January 21st , at the beginning of the practice session at 8:15 am. Late solutions are not accepted. Exercises: 1. (1 pt) BH Exercise 2.18. 2. (1 pt) BH Exercise 3.3. 3. (1 pt) BH Exercise 3.6. Let yˆ = X(X 0 X)−1 X 0 y. Find the OLS coefficient from a regression of yˆ on X. Additionally, compare it to the OLS coefficient from a regression of y on X. 4. (1 pt) BH Exercise 3.11. 5. (2 pt) BH Exercise 3.19 - MATLAB (STATA or R). • Note: In part (2), even though it is not explicitly stated, I would request that, when examining the residual regression approach, you regress both log(W age) and education on experience, experience-squared and a constant. • Additionally, please provide an interpretation of the coefficient on education and a short discussion of whether such an interpretation contains much merit. 6. (2 pt) BH Exercise 3.20 - MATLAB (STATA or R). 7. (2 pt) BH Exercise 3.13. P.S. BH stands for the Bruce Hansen’s Econometrics manuscript.
