Explain how and why the method of instrumental variables allows us to estimate the labor demand elasticity.

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Labor Economics

ISBN: 9781260565522

8th Edition

Authors: George Borjas

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Question Posted: Apr 27, 2024 11:03 PM

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Explain how and why the method of instrumental variables allows us to estimate the labor demand elasticity.

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The method of instrumental variables IV is a technique used in econometrics to estimate the causal e...View the full answer

Labor Economics

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