Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
nsan Tunal
Econ 320: Labor Economics
19 April 2016
ASSIGNMENT 8 Answer Key
Part I. Problems from Borjas
61. Debbie is about to choose a career path. She has narrowed her options to two alternatives.
She can either become a marine biologist or a concert p
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
2015 2016 Fall
METU Department of Economics
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 2: SIMPLE LINEAR REGRESSION MODEL II
QUESTION 1: Glistan and Ouzhan are two economics students who take the macroeconomi
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
2015 2016 Fall
METU Department of Economics
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 1: SIMPLE LINEAR REGRESSION MODEL
(Hint: Even if R2 can be negative, assume that 1>R2>0 )
1
QUESTION 5:
a) Let 0 and 1 b
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
MATH 260 BASIC LINEAR ALGEBRA
Problem set 1 (Matrices, operations on matrices. Row equivalence and invertibility)
1 3 1
1. Compute 2 + 3 for = [ 0 2 2].
1
1 0
1
1 2 2
2. For the matrices = [2 1 1], = [
] and = [1] find all possible triple products.
1 1
0
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
METU Department of Economics
2015 2016 Fall
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 6: MODEL SELECTION AND SPECIFICATION ERROR
QUESTION 5: A researcher has assigned one of his companions to search the det
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
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