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C3 For this exercise, we use JTRAIN to determine the effect of the job training grant on hours of job train- ing per employee. The basic model for the three years is hrsemp, B, +8,88, +8,89, + B,grant, + B.grant- + ß,log(employ,) + a, +₂ (i) Estimate the equation using fixed effects. How many firms are used in the FE estimation? How many total observations would be used if each firm had data on all variables (in particular, Arsemp) for all three years? (ii) Interpret the coefficient on grant and comment on its significance. (ii) Is it surprising that grant, is insignificant? Explain. (iv) Do larger firms provide their employees with more or less training, on average? How big are the differences? (For example, if a firm has 10% more employees, what is the change in average hours of training?)

C3 For this exercise, we use JTRAIN to determine the effect of the job training grant on hours of job train- ing per employee. The basic model for the three years is hrsemp, B, +8,88, +8,89, + B,grant, + B.grant- + ß,log(employ,) + a, +₂ (i) Estimate the equation using fixed effects. How many firms are used in the FE estimation? How many total observations would be used if each firm had data on all variables (in particular, Arsemp) for all three years? (ii) Interpret the coefficient on grant and comment on its significance. (ii) Is it surprising that grant, is insignificant? Explain. (iv) Do larger firms provide their employees with more or less training, on average? How big are the differences? (For example, if a firm has 10% more employees, what is the change in average hours of training?)

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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C3 For this exercise, we use JTRAIN to determine the effect of the job training grant on hours of job train- ing per employee. The basic model for the three years is hrsemp, = ß, + 8,d88, + 8×189, + ß,grant, + ß-grant,-i + Blog(employ) + a₁ + ² (i) Estimate the equation using fixed effects. How many firms are used in the FE estimation? How many total observations would be used if each firm had data on all variables (in particular. hrsemp) for all three years? (ii) Interpret the coefficient on grant and comment on its significance. (iii) Is it surprising that grant, is insignificant? Explain. (iv) Do larger firms provide their employees with more or less training, on average? How big are the differences? (For example, if a firm has 10% more employees, what is the change in average hours of training?)
Transcribed Image Text:C3 For this exercise, we use JTRAIN to determine the effect of the job training grant on hours of job train- ing per employee. The basic model for the three years is hrsemp, = ß, + 8,d88, + 8×189, + ß,grant, + ß-grant,-i + Blog(employ) + a₁ + ² (i) Estimate the equation using fixed effects. How many firms are used in the FE estimation? How many total observations would be used if each firm had data on all variables (in particular. hrsemp) for all three years? (ii) Interpret the coefficient on grant and comment on its significance. (iii) Is it surprising that grant, is insignificant? Explain. (iv) Do larger firms provide their employees with more or less training, on average? How big are the differences? (For example, if a firm has 10% more employees, what is the change in average hours of training?)
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