Albany College of Pharmacy Mastering Metrics D in D Questions
Im trying to learn for my Economics class and Im stuck. Can you help?
.) CLO1h. Identify an example of a natural experiment discussed in MM Ch 5, where a difference-in-difference (D-in-D) in means is a plausible causal effect. Explain how an interaction model automates estimation of a D-in-D estimate. Explain why a difference-in-means analysis risks presenting a biased estimate of the effect of the policy.
2.) Is microdata or aggregate data used in calculating the statistics presented in MM Ch 1 Table 1.1 ? What type of data is used in the Richardson and Troost (2009) study of monetary policy, introduced on p. 182 of Mastering Metrics?
3.) Who was John Snow? Can you identify a D-in-D estimate from the data presented in MM p. 206?
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