17 Jul Econ, Keep The Project (HW4)
Second Empirical Analysis: (Due Tuesday, March 21rd) Include all of the same components as in the Initial Empirical Analysis, with all necessary revisions. In addition, create the following: • Table 4 that reports an analysis of the error term for your preferred model (normality, autocorrelation,
• Table 4 that reports an analysis of the error term for your preferred model (normality, autocorrelation, heteroskedasticity). Refer to the research paper packet and class notes for examples. Update the writing from the initial empirical analysis to accommodate all revisions and to address any concerns raised by the error analysis.
• A Robustness section, which addresses any necessary modifications to the empirical model used to rule out alternative stories that would explain your results. To the extent possible, the section should also attempt to address any serious concerns regarding
• A Robustness section, which addresses any necessary modifications to the empirical model used to rule out alternative stories that would explain your results. To the extent possible, the section should also attempt to address any serious concerns regarding quality of data, mismatch between data and theoretical variables, or outliers. Report robustness checks in Table 5.
• Again, submit STATA code on-line
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