ECON-4200_Winter_2022_Assignment_1 TRENT UNIVERSITY DEPARTMENT OF ECONOMICS ECON-4200H: ADVANCED TOPICS IN ECONOMETRICS ASSIGNMENT 1 DUE: MARCH 1, 2022 Question 1: The data utilized here are from:...

Mobility File ( data file needed for question)Amod-5310-a1-rcode (sample code)



ECON-4200_Winter_2022_Assignment_1 TRENT UNIVERSITY DEPARTMENT OF ECONOMICS ECON-4200H: ADVANCED TOPICS IN ECONOMETRICS ASSIGNMENT 1 DUE: MARCH 1, 2022 Question 1: The data utilized here are from: Biblarz and Raftery (1993). "The Effects of Family Disruption on Social Mobility", American Sociological Review, 58(1):97-109. (a) Describe the dataset’s contents. (b) Estimate a multinomial logit model to explain how a son’s occupational choice (SO) is influenced by his father’s occupational choice (FO), whether his family was intact (NI), and his own minority status (minority). (Use SO category 1 at the base category. Note that the variable n contains the number of cases characterized by the SO, FO, NI, and minority values. Control for frequency weights in your mlogit command to account for what are effectively duplicated cases. Note also that the FO variable is categorical, so you will need to create and use a series of dummy variables to capture its effects on SO.) (c) Interpret the results of your estimation. What do these results tell us about intergenerational social mobility?