Question: How would you estimate a model explaining the following variables? (a) Airline efficiency, (b) Infant mortality, (c) Bank profits. You should consider such issues as

How would you estimate a model explaining the following variables?

(a) Airline efficiency,

(b) Infant mortality,

You should consider such issues as whether to use time-series or cross section data; the explanatory variables to use and any measurement problems; any relevant data transformations; the expected results.

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