Question: In Exercise 12.24 you extended the work reported in Card (1995). Now, estimate the IV equation corresponding to the IV (a) column of Table 12.1

In Exercise 12.24 you extended the work reported in Card (1995). Now, estimate the IV equation corresponding to the IV

(a) column of Table 12.1 which is the baseline specification considered in Card. Use the bootstrap to calculate a BC percentile confidence interval. In this example should we also report the bootstrap standard error?

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