The "Before and After" Specification, Binary Variable Specification, and "Entity-Demeaned

question 21

Multiple Choice

The "before and after" specification, binary variable specification, and "entity-demeaned" specification produce identical OLS estimates

• A)as long as there are observations for more than two time periods.
• B)if you use the heteroskedasticity-robust option in your regression program.
• C)for the case of more than 100 observations.
• D)as long as T = 2 and the intercept is excluded from the "before and after" specification.

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Definitions:

Émile Durkheim

A foundational French sociologist known for his work on social integration, religion, and the establishment of sociology as an academic discipline.

Karl Marx

A philosopher, economist, and revolutionary socialist whose works on the conflicts within capitalism have profoundly influenced the development of socialist theory.

Max Weber

A German sociologist, philosopher, and political economist whose works are foundational in the field of sociology, especially regarding the concept of rationalization, bureaucracy, and social stratification.

Sociological Imagination

The ability to connect individual experiences and societal relationships, understanding how personal issues reflect broader social problems.