Overview
Problem set 4 is now available on bcourses. The due date is Monday, November 6th. Please submit your work on Gradescope by 11:59pm. We would like to ask you to submit a pdf file, and your submission may NOT be graded if your submissions cannot be opened/read on gradescope. This problem set will be graded.
Question 3 is an empirical exercise. Along with the problem set, we posted a file named cps98_short.xls. Using data included in this file, you are expected to conduct analyses. For this problem, you need to submit: (i) output from the analyses; (ii) your codes; and (iii) arguments/explanations when asked for. You can use R, python, stata etc. However, the solutions we provide will be based on R.