Question: For the 1982 data on earnings used in Chapter 4, provided as EARN.ASC on the Springer web site compute Ramseys (1969) RESET and the Thursby

For the 1982 data on earnings used in Chapter 4, provided as EARN.ASC on the Springer web site compute Ramsey’s (1969) RESET and the Thursby and Schmidt (1977) variant of this test.

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