Tutorial_4---Question_4_2009

Tutorial_4---Question_4_2009 -  wage   ...

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Tutorial 4---Question 4 It is a question about Omitted Variable Bias! a) educ 3.533829 + 53.68715 = IQ 3.533829 = ~ = ) ( ) , ( educ Var educ IQ Cov b) educ 0.059839 + 5.973062 = ) log( wage 0.059839 = ~ 1 c) IQ 0.005863 + educ 0.039120 + 5.658288 = ) log(
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Unformatted text preview:  wage    0.039120 1 , 0.005863 2   d) To show ~ 2 1 ~ 1     LHS=0.059839 RHS=0.039120+0.005863(3.533829)=0.059839  LHS=RHS...
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This note was uploaded on 09/06/2010 for the course FBE ECON0701 taught by Professor Paul during the Spring '09 term at HKU.

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