4. Use information from the table to answer questions (a) -(e). < Alice Bob Cindy Wage (y) without a degree (D = 0) $30 $35 $30 Wage (y) with a degree (D = 1)< $50 $25 $35 E a) What are observed and counterfactual earnings for Alice, Bob, and Cindy? Calculate the treatment effect of 2 a university degree on earnings for each person. What is the average treatment effect? < b) Calculate average treatment effect on the treated (ATT) and the average treatment effect on the untreated (ATUT).< c) Let OL be the OLS estimator from regressing y; on D₁. Calculate plim(BOLS) and the selection bias of ATT and selection bias of ATUT. <
4. Use information from the table to answer questions (a) -(e). < Alice Bob Cindy Wage (y) without a degree (D = 0) $30 $35 $30 Wage (y) with a degree (D = 1)< $50 $25 $35 E a) What are observed and counterfactual earnings for Alice, Bob, and Cindy? Calculate the treatment effect of 2 a university degree on earnings for each person. What is the average treatment effect? < b) Calculate average treatment effect on the treated (ATT) and the average treatment effect on the untreated (ATUT).< c) Let OL be the OLS estimator from regressing y; on D₁. Calculate plim(BOLS) and the selection bias of ATT and selection bias of ATUT. <
Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
Chapter1: Introduction
Section: Chapter Questions
Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...
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Question
E6
![4. Use information from the table to answer questions (a) -(e). <
Alice
Bob
Wage (y) without a degree (D = 0)<
$30
$35
Wage (y) with a degree (D = 1)<
$50
$25
$35
a) What are observed and counterfactual earnings for Alice, Bob, and Cindy? Calculate the treatment effect of
a university degree on earnings for each person. What is the average treatment effect? ↔
b) Calculate average treatment effect on the treated (ATT) and the average treatment effect on the untreated
(ATUT).<
c) Let BOLS be the OLS estimator from regressing y; on D₁. Calculate plim(BOLS) and the selection bias of ATT
and selection bias of ATUT. ←
Cindy
$30](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F09a27e04-e028-4817-98f4-16232ab22457%2F17cde2a6-0b94-46e9-8491-954cf4e6febe%2Fgty7skb_processed.png&w=3840&q=75)
Transcribed Image Text:4. Use information from the table to answer questions (a) -(e). <
Alice
Bob
Wage (y) without a degree (D = 0)<
$30
$35
Wage (y) with a degree (D = 1)<
$50
$25
$35
a) What are observed and counterfactual earnings for Alice, Bob, and Cindy? Calculate the treatment effect of
a university degree on earnings for each person. What is the average treatment effect? ↔
b) Calculate average treatment effect on the treated (ATT) and the average treatment effect on the untreated
(ATUT).<
c) Let BOLS be the OLS estimator from regressing y; on D₁. Calculate plim(BOLS) and the selection bias of ATT
and selection bias of ATUT. ←
Cindy
$30
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