Multiple Choice
Idiosyncratic error is the error that occurs due to _____.
A) incorrect measurement of an economic variable
B) unobserved factors that affect the dependent variable and change over time
C) unobserved factors that affect the dependent variable and do not change over time
D) correlation between the independent variables
Correct Answer:
Verified
Correct Answer:
Verified
Q3: If each variable in a single cross-sectional
Q4: A natural experiment occurs when an endogenous
Q5: Which of the following assumptions is needed
Q6: Which of the following assumptions is required
Q7: Pooling independent cross sections across time is
Q9: To see if the effect of an
Q10: Suppose we are studying the effects of
Q11: One way of organizing two periods of
Q12: A regression model exhibits unobserved heterogeneity if
Q13: A Chow test _.<br>A)is used to test