Suppose a Policy Intervention Is Correlated Not Just with Level

question 27

Multiple Choice

Suppose a policy intervention is correlated not just with level differences among units but is also correlated with trend differences. Which of the following analysis would be the most appropriate?

• A)Fixed effects
• B)First-differenced
• C)Heterogenous trend
• D)Random effects.

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Definitions:

Statutory Laws

Laws that have been written down and codified by legislative bodies.

Labor Relations

The interactions and negotiations between employers and employees, or their representatives, concerning employment conditions, salaries, and workplace policies.

Commonwealth Vs. Hunt

A landmark 1842 Massachusetts Supreme Judicial Court case that ruled labor unions were not illegal conspiracies, provided that their activities were honorable and peaceful.

Conspiracy Doctrine

A legal principle that defines agreement between two or more parties to commit an unlawful act or a lawful act in an unlawful manner.