Problem 1: Monte Carlo Study In this study, you are required to investigate how the OLS estimators behave under different assumptions about the error distribution and varying sample sizes. The population data are generated from the linear
Applied Econometrics Project With R There are four problems with a total of 100 The points awarded for each problem are indicated in squared brackets. The workload depends on the actual number of persons in a project team: One-person team: Answer two problems one from Problem 1 or 2, and one from Problem 3 or 4. Two-person team: Answer three problems. Follow the same rules as for a one-person team and […]