Ask Microeconomics Expert

Due April 8
a) Produce some initial summary statistics of the data.
b) State the hypotheses that will be tested.

Show me advanced results (analyses, not write-up/paper)

Due April 15
You have to provide me with a report that should be no more than 5-pages long of text, double spaced, 12 point, Times New Roman font, with 1 inch margins. It should include the following short sections:
i) Explain properly the research questions of the original paper you are replicating.
ii) Explain which of those questions you will replicate, and what information they could give you. Also, I expect that you will try other hypotheses.
iii) Description of the data.
iv) Econometric methods used to analyze the data. Here is very important that you justify (explain) why the method used a particular method (why use IV or fixed effects, or run a differences-in-differences regression, etc.).
v) Analysis of results (which should be presented in nice tabular form).
vi) Evaluation of the appropriateness of the utilized econometric method(s). Do we believe the results?
vii) Conclusions and suggestions for improvement of the research.
viii) Tables with results do not count for the 5-page limit. An appendix with the computer code (Stata “do” and “log” files) used in analyzing the data should be included. Also a no more than one-page appendix explaining the construction of any new variables you may have created, could be included.

The objective of this project is to make you follow the process a researcher would normally follow to conduct a research project, of course adjusted by the fact that you have only several weeks to work on it.
So, you are expected to do the following things (this is not an exhaustive list, these are just guidelines to help you through the process):
1) Read the original paper associated to the topic you chose. Think what hypotheses you would be interested in replicating of the original paper, and more importantly, which new ones you could pursue.
3) Analyze the data to understand it properly (the data is in Blackboard). For example, you should analyze outliers etc. or create any additional variables that you need to for your analyses.
4) You should produce a table of summary statistics (and present it) to understand the data. Also, do graphs, etc. (and present the ones you think are worth mentioning) to see any correlations, outliers, etc. that may be causing a problem.
5) Run several regression models building them up and down. (start with a benchmark model, add terms, subtract terms, test model specifications, etc.).
6) Justify why the author (and you) select a particular methodology (why use IV, fixed effects, etc.). Criticize the methodology if you think that there are issues with it.
7) Present your regression results in a few tables. (proper organization of results is very important).
8) Analyze any shortcomings of your methods, data, results, etc.
9) Write clear conclusions.
10) Make suggestions to test your hypothesis with an “ideal” dataset not subject to some of the shortcomings of the data.

The pdf is for the hypothesis and the dta file is for the STATA and other analysis. Could you let me know if you can work with this?
Thank you for your time.

http://www.4shared.com/file/FKa90USz/randomly_assigned_children.html

http://www.4shared.com/office/HKbZ_pAS/How_Large_Are_the_Effects.html

http://www.4shared.com/office/Z4cRZpyP/Codebook_Sacerdote_2007.html

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9502124

Have any Question?


Related Questions in Microeconomics

Question show the market for cigarettes in equilibrium

Question: Show the market for cigarettes in equilibrium, assuming that there are no laws banning smoking in public. Label the equilibrium private market price and quantity as Pm and Qm. Add whatever is needed to the mode ...

Question recycling is a relatively inexpensive solution to

Question: Recycling is a relatively inexpensive solution to much of the environmental contamination from plastics, glass, and other waste materials. Is it a sound policy to make it mandatory for everybody to recycle? The ...

Question consider two ways of protecting elephants from

Question: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all ...

Question suppose you want to put a dollar value on the

Question: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant. What information or data would you obtain to measure the external [not social] cost? The response must be typ ...

Question in the tradeoff between economic output and

Question: In the tradeoff between economic output and environmental protection, what do the combinations on the protection possibility curve represent? The response must be typed, single spaced, must be in times new roma ...

Question consider the case of global environmental problems

Question: Consider the case of global environmental problems that spill across international borders as a prisoner's dilemma of the sort studied in Monopolistic Competition and Oligopoly. Say that there are two countries ...

Question consider two approaches to reducing emissions of

Question: Consider two approaches to reducing emissions of CO2 into the environment from manufacturing industries in the United States. In the first approach, the U.S. government makes it a policy to use only predetermin ...

Question the state of colorado requires oil and gas

Question: The state of Colorado requires oil and gas companies who use fracking techniques to return the land to its original condition after the oil and gas extractions. Table 12.9 shows the total cost and total benefit ...

Question suppose a city releases 16 million gallons of raw

Question: Suppose a city releases 16 million gallons of raw sewage into a nearby lake. Table shows the total costs of cleaning up the sewage to different levels, together with the total benefits of doing so. (Benefits in ...

Question four firms called elm maple oak and cherry produce

Question: Four firms called Elm, Maple, Oak, and Cherry, produce wooden chairs. However, they also produce a great deal of garbage (a mixture of glue, varnish, sandpaper, and wood scraps). The first row of Table 12.6 sho ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As