Econometrics Essay; newspaper or magazine article (or reputable blog post) that makes a claim about an average causal effect using naturally occurring data custom essay

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analysis needs to be based on the article!

http://www.nytimes.com/2012/01/26/opinion/the-true-cost-of-high-school-dropouts.html?_r=1

here is some useful information that you must use in the paper.

x(explanatory variable)=high school diploma
y(dependent variable)=job
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Econ 345: Paper
Note that a lot of this won’t make sense at the start of the course because we will cover the relevant material in the latter half of the course. Your five tasks in your paper.
1. Find a newspaper or magazine article (or reputable blog post) that makes a claim about an average causal effect using naturally occurring data
2. Explain what sample selection bias is in general
3. Explain how sample selection bias could be driving their results
4. Explain how you could design an experiment to estimate the ACE accurately
5. In general, what would be the drawbacks of the experiment compared to using natural data? How does this relate to why the author used natural data for their article?
Rules:
? Electronic copy only (email it to me) since I will be abroad by then
? 3-5 pages double spaced; 1-inch margins
? Include the article you’re using (either attachment or provide link)
Please feel free to see me or email me with questions; for example if you are unsure how suitable your article is, then I am happy to let you know if it is. Also, please don’t leave it until the last minute because I will be traveling in the days up to the due date.
When you send me an email asking if an article is appropriate, please make sure that you clearly state what you regard to be:
? The dependent variable
? The explanatory variable
The article that you find need not refer to a scientific study; all that is necessary is that it make some claim based on naturally-occurring data. For example, here is an article from the NYT opinion section about ways of assessing teachers. In the last paragraph, a claim is made based on naturally occurring data. It is not based on a study.
In general, a good place to look is the opinion section of various newspapers and magazines, especially lifestyle magazines like Cosmopolitan and Men’s Health. I advise you to steer clear of high-level scientific studies because they are aware of these problems and take care to avoid them.
Also, for those who like sport, sports articles are literally full of these kind of claims. For example, here’s an article about the 2010 Lakes-Jazz playoff series. Check out the paragraph starting: “In other words, playing a lethal guard like Deron Williams…”

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