Question: In this problem we will try and work towards understanding whether governmentsubsidized savings accounts help people save towards retirement, and if so, by how much.

In this problem we will try and work towards understanding whether governmentsubsidized savings accounts help people save towards retirement, and if so, by how much. We'll do this using the 401ksubs.dta dataset attached to this problem set.1 This is a dataset of a cross-section of individuals and includes information on basic demographics, their income and wealth, and whether they participate in a 401(k) account

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