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PS1f10answers - Econ 122B Fall 10 Problem Set 1 Solutions...

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Econ 122B Fall 10 Problem Set 1 Solutions: Problem 1:
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r ( ) ~ V~ 4 , J V ru ~ ~ \ o l l':J ~ ru o ~ t+_ :o !WD: =.7 ~- - - - 7 r c 7 b e - - \ " ' l \ 1 u G J WG . v t + - seD ) - . ' 3 3 M DQT G" A; ; G £ St - co~ \ ' T Y / 00 w I ' Prul o PC A J T5 'l ~( 1 ) 3 = . 'jLJ3 ~& ~ i ~? 7 w J fJrub ' P ( N D j7- r c b X3) . = ,44 I 3' ; · '33 wI V r i > b ? 6v 6 ' ) ' P { Di"Cs) ~ , /{ 3 7 o wi ? r D ~ rCU)?' k: : . . E V : : w rv £ ) [ = 1 · = - ~ , 0 21 VA ' R . ;: - ( !iI/ D O -"7 D )0 ' 3 4 3 )+ CU . to 7- ~ V )(44)}t - ~53 , )3 - $7 D JC , IBqJ + (b!,D ) ' - C D Z - 7) - :: : . $ . 1 DO ( , 343)1 - 4 1 .1/ , 07 (,44 J }t - Ji / 3 ' i4 . 10 1 ( !B1):~1 00 (,o - ii) ~[5 0 0 , -0 ' 4 ]
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?r Dl o p . k , , · {, ~ () o f\ Ji l !o~ JZJ 6 ~ P( ); J :, 7 " 78 Pc - D k = I o ,l'j los e )i,L Q = ?( ~)o- , 2 2 - 2. H - OLC<b,I'J M'~ rr{~ s . vO f v I ~ ! I =- :f'ttt)=. I lJ t Jh o.. 10 : 1 /) l u v se: 'f " <e S I L l {- ?( fi J . ) ~ , I 3 MV r ' " 5"-% - ' 3. if 3 100 wi 'P do PCC)5PCH1') = m C- 17 3)(,Cf)= . Iit1IJ C J fo,la7 L J/ ?rD~ ?Ctlp{uYP{H l ')(3) - '2r77BJr:2nl . C;X5)~.~0 2 - 33 :; ' :S wI ?'o k , P(6Jr{u)?(f - vr' ) (3)::( 7781. 2?2f(, 7" 13) = , /0 o wi ?rvb 'P(H - }) + ?(u}- n f /n?( {i j~ ~ I + (22) ~ - C IX. 2 Z 2~)5~ ; I I /:;v= !OD(' - I3) - f (;b,(P7(3&)f 3 3 . 7J3( /0) t - o( Il J ~ITQJ VA'R : : . (; 00 -7D~2{, 43) + ("G,b7 - 7D~t: 3/ g) - I ( s3 . 3s - 70 } - e. 1 o j - f - (o-7 0 )z{1 (I) - 100(4i)+ ! 1'Ocr( ~ )f 13 ' -J4 ,{ /'7(IO)r - I :-;C/lJo( ,ti j - [ ! OJ S- f
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\ v, c l L o - ? ~ + - .--- -- . A s ( \~/ 00 \ / l\ '? -C " } ) -7 \Q} UL t <L~& z - ~ - t - As (\ 0 ~ . . 2 2 V ' f ' - 'L l ~ J -7 (1 ' 7 ro - 7 0( , 4) - + (0 - 7 6) ( . I) \ fA?-C 'T J -/ f;L) . 0 + L . jCJ 0 ::o[ 5 ' - 14 , B 1 S ( · 1 \ \ \ ~ j= 1 . 1 1 B > ~L ' 1 ] : ::10
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Problem 2 Dependent Variable: WAGE Method: Least Squares Sample: 1 526 Included observations: 526 White Heteroskedasticity-Consistent Standard Errors & Covariance Variable Coefficient Std. Error t-Statistic Prob.
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