Question: Kessler, Low, and Sullivan (2019)1 develop a method for incentivized pref- erence elicitation and use it with employers recruiting college seniors. In their study, they
Kessler, Low, and Sullivan (2019)1 develop a method for incentivized pref- erence elicitation and use it with employers recruiting college seniors. In their study, they send out hypothetical resumes to employers. For each resume, they ask employers to answer the following question on a Likert scale from 1 to 10: "How interested would you be in hiring [Name]?" (1 = "Not interested"; 10 = "Very interested") (a) Read the introduction and Section I and summarize the main research questions. (b) In Section I.C, a detailed description of resume creation is given. Look- ing at the components in Table 1, which component do you believe most important when employers evaluate resumes? (c) In what follows, we focus on the first column in Table 2 of Kessler, Low, and Sullivan (2019). (i) What is the dependent variable? (ii) Write down the regression model behind the first column in Table 2. (iii) Replicate the regression results in the first column in Table 2 using the dataset IRRAnalysisFile Penn.dta. (iv) Explain how to obtain the p-value for testing joint significance of majors. 1Kessler, Judd B., Corinne Low, and Colin D. Sullivan. 2019. "Incentivized Resume Rating: Eliciting Employer Preferences without Deception." American Economic Review, 109
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