Question: Let β1DM denote the entity-demeaned estimator given in Equation (10.22), and let β1BA denote the before and after estimator without an intercept, so that Show
Let β1DM denote the entity-demeaned estimator given in Equation (10.22), and let β1BA denote the "before and after" estimator without an intercept, so that
Show that, if
and 422
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