Research question
I need help with a Economics question. All explanations and answers will be used to help me learn.
What issue/ research question(s) will the model be addressing (i.e., what is the objective of the study)?
Why is the issue/question important?
How is the model going to answer the question, and what are the hypotheses that your model will test? That is, what are your dependent and independent variables (you need at least 4 of these), and how does analyzing the relationship between your dependent and independent variables provide information for your question? Include a verbal statement of the meaning of the equation and consider the expected signs of all of the coefficients.