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Category > Economics Posted 19 May 2017 My Price 7.00

An equation to test for a tradeoff between minutes per week spent

 

  1. In Problem 3 of Chapter 3, we estimated an equation to test for a tradeoff between minutes per week spent sleeping ( sleep ) and minutes per week spent working ( totwrk ) for a random sample of individuals. We also included education and age in the equation. Because sleep and totwrkare jointly chosen by each individual, is the estimated tradeoff between sleep- ing and working subject to a “simultaneity bias” criticism? Explain.

 

 
 

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Status NEW Posted 19 May 2017 12:05 PM My Price 7.00

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file 1495198086-Answer.docx preview (143 words )
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