happiness data set - hochschule düsseldorf...—dummy erweiterte regression für chow—test kq,...

Happiness Data Set

QM 2 Dr. Christian SchwarzWS 2017/18 2

Regression with all variables

§Inclusion of a non-relevant variable?

QM 2 Dr. Christian SchwarzWS 2017/18 3

QM 2 Dr. Christian SchwarzWS 2017/18 4

QM 2 Dr. Christian SchwarzWS 2017/18 5

QM 2 Dr. Christian SchwarzWS 2017/18 6

Introduction of „low“ income and “high“ income countries

QM 2 Dr. Christian SchwarzWS 2017/18 7

richpoor

QM 2 Dr. Christian SchwarzWS 2017/18 8

Chow-Tests: ECONOMYO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 9

Chow-Tests: FAMILYO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 10

Chow-Tests: HEALTHO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 11

Chow-Tests: FREEDOMO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 12

Chow-Tests: TRUSTO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 13

Chow-Tests: GENORSITYO

LSC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 14

Chow-Tests: ALL SIMULATANEOUSLYC

HO

W

QM 2 Dr. Christian SchwarzWS 2017/18 15

§XXChow-Tests: ALL SIMULATANEOUSLY

CH

OW

QM 2 Dr. Christian SchwarzWS 2017/18 16

§XXChow-Tests: ALL SIMULATANEOUSLY

CH

OW

QM 2 Dr. Christian SchwarzWS 2017/18 17

Slope Dummies

QM 2 Dr. Christian SchwarzWS 2017/18 18

Final Regression: Version 1

QM 2 Dr. Christian SchwarzWS 2017/18 19

Final Regression: Version 2

What version ispreferred?