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ECONOMETRICS: Consider the simple linear regression Y = a + b*X + u, What are the consequences of endogeneity?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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ECONOMETRICS:

Consider the simple linear regression Y = a + b*X + u,

What are the consequences of endogeneity?

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