Mathematics, 14.02.2022 09:20, elizabethhubbe

Pr(deny = 1jhirat) = 0 + 1hirat; where deny is a binary variable being one if the mortgage was denied and zero otherwise,
and hirat is the housing expense to income ratio. Estimate this model by the OLS, using
the data HMDA {AER}. What is the marginal e§ect of hirat?

Answers: 3

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Pr(deny = 1jhirat) = 0 + 1hirat; where deny is a binary variable being one if the mortgage was den...