BX2122: Richard Blundell, Alan Duncan and Krishna Pendakur Case Study Report - Accounting Assignment Help

Assignment Task:

Case Study problem.

The data file London.csv is a set of observations on 1519 households drawn from the British Family Expenditure Surveys. The data have been selected to include only households with one or two children living in Greater London. Self-employed and retired household were excluded. The data and variable definitions.

NOTE 1. In your report and discussion, please comment on how the explanatory variable influences the household share of food and transport expenditure. Apply the data for estimation and inference of the models. Comment on the model adequacy issues, sign, the statistical and economic significance of the regressors and goodness-of fittest of the models. Test an appropriate economic hypothesis statistically to establish whether food and transport are necessities for the survey data and comment on your findings. 

NOTE 2. Please note that the report should not exceed 10 pages (one-sided double-line spacing with indentation zero both on the left and right margins

Note 3. You can use STATA, R or SHAZAM for empirical computational purpose.

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