Dummy variables - an introduction

[@SpartacanUsuals]

Hi, Many thanks for your comments - if you have any any other requests for videos let me know. It's my intention to continue with the series, making an all-encompassing lecture course in econometrics. Thanks, Ben

[@CYDdarcy]

this is the best econometrics video ever!!!!!

[@nathan1507]

Ben always coming in clutch🔥🔥🙏

[@SpartacanUsuals]

Great - thanks for the ideas. Yes - I think I will cover ML estimators partially in the undergraduate course, but will cover it more completely in the graduate course. The GMM estimators will only be covered in the graduate course.

[@DaMullutKid]

These Vids = GOAT

[@ignaciosacristanlopez-brav684]

Very useful explanation. Econometrics should be more comprehensive for anyone, and this guy is top banana making it easier

[@alexy3978]

Those videos helped me so much. Always appreciate your work!!

[@1982sadaf]

2:50: Why the rest of variables are similar for male and female? If there is correlation between those and gender, their estimates would be different two and we can't simply subtract the two equations. ?

[@OskarBienko]

In my opinion this comes from the way we interpret coefficients in econometrics. So in this example in order to interpret the Beta p coefficient, we have to hold other variables constant. Get it?

[@nortongartino4602]

Thank you so much for your content, I love you man.

[@dakiller234]

BUT HOW DO YOU CALCULATE Bp?

[@kamikaze9271]

So if I'm getting it right, some errors are captured in the intercept?

[@SC-pm7zd]

Thanks very much. Do you have a plan for making a video on dummy variables more than two categories? In addition, it would be beneficial to have video on comparison between age-adjustment (continuous variable and dummy variable approach) by multiple regression.

[@SpartacanUsuals]

Hi, thanks for your message, and kind words. I will add that video suggestion to my list. Many thanks, Ben

[@oneandonly1510]

Thank you very much!

[@RazanZwein]

kinggggggg

[@tag_of_frank]

6 years later do you still believe in the gender pay gap?

[@wrjazziel]

that's the residual LMAO... did you get it... stat joke LOL

[@TruthSword7]

No need to insert your own political views into the math discussion. Whether there is a wage disparity is a neutral question. Whether there should be is a political and/or philosophical question that is unrelated to math.

[@nfntrnrtr]

L