This question refers to the article titled Does Wal-Mart Sell Inferior Goods? by Emek Basker, published in

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This question refers to the article titled "Does Wal-Mart Sell Inferior Goods?" by Emek Basker, published in the journal Economic Inquiry, Volume 49, No.4, October 2011, pages 973-981.

(a) Explain the main conclusion(s) of the article.

(b) Define the number of shoppers the author sampled. Explain why this is so.

(c) Did the author provide other corroborating evidence? Explain why or why not.

(d) Do you find the evidence convincing? Explain with reasons, highlighting any possible shortcomings in the author's approach.

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Introduction to Econometrics

ISBN: 978-0133595420

3rd edition

Authors: James H. Stock, Mark W. Watson

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