Sumários
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26 Outubro 2022, 19:00 • Rita Sousa
Illustration 2: Estimating the Returns to Schooling (Questions 4-6)
1.2. The Linear Regression Model with Panel Data
1.2.1. Static Models
Definitions
Models
Fixed Effects versus Random Effects
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26 Outubro 2022, 17:30 • Rita Sousa
1.1.2. Endogenous Explanatory Variables (cont.)
Instrumental Variables
Two-Stage Least Squares
Generalized Method of Moments (GMM)
Tests for the Exogeneity of an Explanatory Variable
Tests for the Exogeneity of the Instrumental Variables
Tests for Correlation between Instrumental Variables and Explanatory Variables
Illustration 2: Estimating the Returns to Schooling (Questions 1-3)
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19 Outubro 2022, 19:00 • Rita Sousa
1.1.1. Exogenous Explanatory Variables (cont.)
Illustration 1: Determinants of Firm Debt (Question 7.2-8)
1.1.2. Endogenous Explanatory Variables
Definition and Consequences
Motivation: Omitted variables, Measurement Errors, Simultaneous Equations
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19 Outubro 2022, 17:30 • Rita Sousa
1.1. The Linear Regression Model with Cross-Sectional Data
1.1.1. Exogenous Explanatory Variables (cont.)
Inference
Model evaluation
Illustration 1: Determinants of Firm Debt (Questions 6-7.1)