Human Capital and the Returns to Education. Human Capital HC: inherent of acquired talent that has economic value in the labor market. Population HC affects.
Class 18 – Thursday, Nov. 11 Omitted Variables Bias Specially Constructed Explanatory Variables –Interactions –Squared Terms for Curvature –Dummy variables.
Lecture 26 Omitted Variable Bias formula revisited Specially constructed variables –Interaction variables –Polynomial terms for curvature –Dummy variables.
Lecture 24: Thurs., April 8th. Inference for Multiple Regression Types of inferences: Confidence intervals/hypothesis tests for regression coefficients.
Lecture 26