Slide 1Human Capital and the Returns to Education Slide 2 Human Capital HC: inherent of acquired talent that has economic value in the labor market. Population HC affects…
Slide 1Class 18 – Thursday, Nov. 11 Omitted Variables Bias Specially Constructed Explanatory Variables –Interactions –Squared Terms for Curvature –Dummy variables…
Slide 1 Lecture 26 Omitted Variable Bias formula revisited Specially constructed variables –Interaction variables –Polynomial terms for curvature –Dummy variables for…
Slide 1 Lecture 24: Thurs., April 8th Slide 2 Inference for Multiple Regression Types of inferences: Confidence intervals/hypothesis tests for regression coefficients Confidence…
Lecture 26 Omitted Variable Bias formula revisited Specially constructed variables Interaction variables Polynomial terms for curvature Dummy variables for categorical variables…