Economics analysis | Economics homework help
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my topic is how race and age influnence income, you should write a paper follow all of the instruction. i upload all the files you need.
3. Initial Empirical Analysis: This component should include revised ver- sions of your Introduction, Literature Review, and Model sections (including Table A1 and Table 1). You should now include a complete Data section with an updated version of Table 2, as well as an Empirical Results section with Table 3. The draft should be less than 6 pages, excluding tables and references.
• Data: In this section, describe the data set (e.g., cross-section, time series, or panel data). Ad- dress variable names, units of measurement, and reliability of the data. Is it reasonable to assume the data are unbiased? Discuss whether the data correspond to economic variables proposed by the theory. Include an updated version of Table 2 with basic summary statistics, and any other subsequent tables required to describe the data (e.g., one might break dummy variables out by subgroup).2 Discuss interesting points about the summary statistics for key dependent and independent variables. Consider any other problems that might affect your analysis such as multicollinearity, missing observations, or concerns over data quality.