Question: Paper 2: First Draft Prompt For the second paper, you will use the results from Assignments 3 & 4, what you have learned in class,

Paper 2: First Draft Prompt For the second paper, you will use the results from Assignments 3 & 4, what you have learned in class, and what you have learned from reading the papers and the textbook for the course to answer the following questions. 1. How much does the Minimum Legal Drinking Age (MLDA) reduce the proportion of the population that drinks? 2. How much does the MLDA reduce crime? [Note: In addition to the reduced form estimates and figures for arrests, you should compute the effect of the MLDA on arrests in terms of per person drinking using an IV approach and argue whether the IV assumptions are likely to be met.] Structure of Paper You can use the papers on the reading list as a guide for what a paper should look like. You can include your tables in the body of the paper or put them at the end of the paper. Your paper should be 10 pages long without counting tables and you will want to include the following sections: 1. Title: Your paper should have an informative title. 2. Abstract: One paragraphs that sums up the key elements of the paper. Write this first

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