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Unformatted text preview: ith one more year of education), by how much does
average wage in the new population di¤er from average wage in the old
population? Melissa Tartari (Yale) Econometrics 17 / 93 Identi…cation: an Example  part II Consider the following 3 questions:
Q.1: by how much would the wage of persons i change if her education
was increased by one year?
Q.2: by how much would the average wage in the population change if
the education of each persons was increased by one year?
Q.3: suppose that each individual in the current population is replaced
with an individual with one more year of education (chosen at random
among those with one more year of education), by how much does
average wage in the new population di¤er from average wage in the old
population? We answer the above questions within two scenarios: Melissa Tartari (Yale) Econometrics 17 / 93 Identi…cation: an Example  part II Consider the following 3 questions:
Q.1: by how much would the wage of persons i change if her education
was increased by one year?
Q.2: by how much would the average wage in the population change if
the education of each persons was increased by one year?
Q.3: suppose that each individual in the current population is replaced
with an individual with one more year of education (chosen at random
among those with one more year of education), by how much does
average wage in the new population di¤er from average wage in the old
population? We answer the above questions within two scenarios:
ZCMA does not hold Melissa Tartari (Yale) Econometrics 17 / 93 Identi…cation: an Example  part II Consider the following 3 questions:
Q.1: by how much would the wage of persons i change if her education
was increased by one year?
Q.2: by how much would the average wage in the population change if
the education of each persons was increased by one year?
Q.3: suppose that each individual in the current population is replaced
with an individual with one more year of education (chosen at random
among those with one more year of education), by how much does
average wage in the new population di¤er from average wage in the old
population? We answe...
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 Fall '10
 DonaldBrown
 Econometrics

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