Questions from General Economics


Q: The file CEOSAL2 contains data on 177 chief executive officers and can

The file CEOSAL2 contains data on 177 chief executive officers and can be used to examine the effects of firm performance on CEO salary. a. Estimate a model relating annual salary to firm sales and m...

See Answer

Q: Use the data in ATTEND for this exercise. a

Use the data in ATTEND for this exercise. a. Obtain the minimum, maximum, and average values for the variables atndrte, priGPA, and ACT. b. Estimate the model atndrte = 0 +  1priGPA +  2ACT+ u,...

See Answer

Q: Confirm the partialling out interpretation of the OLS estimates by explicitly doing

Confirm the partialling out interpretation of the OLS estimates by explicitly doing the partialling out for Example 3.2. This first requires regressing educ on exper and tenure and saving the residual...

See Answer

Q: Use the data set in WAGE2 for this problem. As usual

Use the data set in WAGE2 for this problem. As usual, be sure all of the following regressions contain an intercept. a. Run a simple regression of IQ on educ to obtain the slope coefficient, say, |...

See Answer

Q: Use the data in MEAP93 to answer this question. a

Use the data in MEAP93 to answer this question. a. Estimate the model math10 = 0 +  1log(expend)1  2lnchprg + u, and report the results in the usual form, including the sample size and R-squared....

See Answer

Q: Use the data in DISCRIM to answer this question. These are

Use the data in DISCRIM to answer this question. These are ZIP code–level data on prices for various items at fast-food restaurants, along with characteristics of the zip code population, in New Jerse...

See Answer

Q: Use the data in CHARITY to answer the following questions:

Use the data in CHARITY to answer the following questions: a. Estimate the equation gift = 1 +  1mailsyear +  2giftlast +  3propresp + u by OLS and report the results in the usual way, including...

See Answer

Q: Use the data in HTV to answer this question. The data

Use the data in HTV to answer this question. The data set includes information on wages, education, parents’ education, and several other variables for 1,230 working men in 1991. a. What is the range...

See Answer

Q: Use the data in MEAPSINGLE to study the effects of single-

Use the data in MEAPSINGLE to study the effects of single-parent households on student math performance. These data are for a subset of schools in southeast Michigan for the year 2000. The socioeconom...

See Answer

Q: The data in ECONMATH contain grade point averages and standardized test scores

The data in ECONMATH contain grade point averages and standardized test scores, along with performance in an introductory economics course, for students at a large public university. The variable to b...

See Answer