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For econometrics, I have this dataset http://fmwww.bc.edu/ec-p/data/wooldridge/recid.des where I have to estimate a regression using ols and I'm using the variable DURAT near the bottom
For econometrics, I have this dataset http://fmwww.bc.edu/ec-p/data/wooldridge/recid.des where I have to estimate a regression using ols and I'm using the variable DURAT near the bottom as my dependent variable. The description of the variable is max(time until return, follow), what does this mean?
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