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Business, 18.11.2019 21:31 kernlife

Use the state-level data on murder rates and executions in murder. raw for the following exercise. (a) consider the unobserved effects model = + + + + where simply denotes different year intercepts and ai is the unobserved state effect. if past executions of convicted murderers have a deterrent effect, what should be the sign of ? what sign do you think should have? explain.

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Use the state-level data on murder rates and executions in murder. raw for the following exercise. (...
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