Continuing with the savingsincome regression (9.5.4), suppose you were to assign D i = 0 to observations
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Continuing with the savings–income regression (9.5.4), suppose you were to assign Di = 0 to observations in the second period and Di = 1 to observations in the first period. How would the results shown in Eq. (9.5.4) change?
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As you would suspect the sign of the dummy coefficien...View the full answer
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