Currency union and trade. Using the Glick and Rose (2002) data set, downloadable from Roses' website at
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Currency union and trade. Using the Glick and Rose (2002) data set, downloadable from Roses' website at (http://haas.berkeley.edu)
(a) Replicate their results for the FE, RE, Between, and MLE estimators reported in Table 4 of their paper.
(b) Perform the Hausman test based on FE versus RE as well as Between versus RE using Stata.
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