. b) Suppose there is a group of individuals on which you have individual-level data. Suppose,...

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b) Suppose there is a group of individuals on which you have individual-level data. Suppose, for those with wages below some level ˜w, a policy is implemented to have them work more. You have in your data hours worked, several individual characteristics, the wages, and year. The policy is implemented in the year 2000, and you have data for the year 1998 and 2002.

What type of estimation strategy would you use to determine the effect of the policy? What is it called? Write the specific regression specification you would use; make sure to explicitly indicate what you would use as control variables.

Expert Solution

Rahul Sunny answered 1 year ago

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