Economics 1630: Econometrics I Solutions to Homework 21

• cours - matière potentielle : diploma

Economics 1630: Econometrics I Solutions to Homework 2 1 Due Octorber 18, 2010 Problem 1 Consider the linear model: Yi = β0 + β1X1i + β2X2i + ui (1) i = 1, . . . , n, and E(ui|X1i, X2i) = 0. Below is part of the STATA output for (1) with n = 7986 observations: ------------------------------------------------------------------------------ | Robust y | Coef.

• x1i
• 1376.64 prob
• old female worker with a college degree
• robust ahe
• hourly wages on average
• null hypothesis for the coefficient of x1i
• female
• hourly earnings
• age