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The interpretation of regression coefficients when the dependent variable is qualitative is not impaired by the scale variance which accrues from order preserving transformations of the dependent variable. The article compares the scale variance of dependent qualitative variables to the more...
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In a recent article surveying electricity demand studies, Lester Taylor examined the implications of multistep block pricing for consumption. The framework he used serves here as the basis for comparing lifeline rates, fuel stamps, and direct cash subsidies -- programs proposed to alleviate the...
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