截面与面板数据法分析CH.pptVIP

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  • 2015-10-17 发布于湖北
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截面与面板数据法分析CH.ppt

Chap3.MultipleRegressionAnalysis:EstimationAdvantagesofmultipleregressionanalysisbuildbettermodelsforpredictingthedependentvariable.E.g.generalizefunctionalform.MarginalpropensitytoconsumeBemoreamenabletoceterisparibusanalysisKeyassumption:Implication:otherfactorsaffectingwagearenotrelatedonaveragetoeducandexper.Multiplelinearregressionmodel:OLSEstimatorOLS:Minimizeceterisparibusinterpretations:Holdingfixed,thenThus,wehavecontrolledforthevariableswhenestimatingtheeffectofx1ony.HoldingOtherFactorsFixedThepowerofmultipleregressionanalysisisthatitprovidesthisceterisparibusinterpretationeventhough

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