ECON41820 - Assignment
Econometrics Project (2024)
Submission Information
- Due Date: 3 PM, Friday, December 6th
- Submission Requirements:
- A report (maximum 1500 words) with proper tables.
- Include the coding file as an appendix.
- Submit a hard copy to either the instructor (D203) or the School Office (G201). If in a group, one submission suffices.
Project Overview
Using the dataset earnings.xlsx, analyze the causal relationship between schooling and earnings. The key tasks include:
- Exploring potential endogeneity of regressors.
- Proposing instruments and assessing their validity.
- Obtaining reliable and unbiased estimates o