In Case of Endogenous Sample Selection, OLS Is Unbiased but Consistent

question 6

True/False

In case of endogenous sample selection, OLS is unbiased but consistent.

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Definitions:

United Food and Commercial Workers

A labor union representing workers in the retail food, meatpacking, food processing, and related industries, focusing on improving working conditions and wages.

California Unionized Supermarkets

Supermarkets in California that have their workforce represented by labor unions, impacting wage levels, working conditions, and labor-management relations.

Strikes

Work stoppages initiated by employees as a form of protest, typically aiming for better wages, conditions, or benefits from their employers.

U.S. Economy

The economic system of the United States characterized by a mixed economy that supports both private and public enterprises.