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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)
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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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
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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