if you have any query just ask
me how.i am here to helps you. dont give you direct thums down.if
you satishfied to my work please give me vote for THUMS UP. THANK
YOU SO MUCH
3. [40 pts Log of wage rate was regressed on the following explanatory variables: log(wage)0.389 ...
?
ANSWER FROM LETTER "E" AND DOWNWARDS
III- (15pts) You are given the following economic model 0.013 -$26 Rsquare- 0.4177 0.0012ten (0.00024 log(wage) 0.478 + 0.085edu + 0.059ten-0.058/emale-0.01 ledu.female-0.02 1/emale./en- Std errors (0.113) (0.008) (0.007) (0.174) (0.006 With all the variables described as follows: log(wage) -log of average hourly wage; female is a dummy variable equal to 1 if the observed person is a female, and O if make; edu female is an interaction variable equal to education'female; edu is...
1. (9 pts) Consider the following economic model describing workers' earnings: In(wage) = Bo + Beduc + Bztenure + Bzblack + Batenure? + Bseduc. black + Botenure black With all the variables described as follows: In(wage) = natural log of monthly earnings; educ = years of education; tenure = years with current employer; black = 1 if black and 0 if not; tenure? = tenure*tenure educ.black is an interaction variable equal to educ*black; tenure,black is an interaction variable equal to...
8. A regression of wage (log(wage) is run on a set of following variables: female (-1 if female), educ (years of education), exper (years of experience) and tenure (years with current employer). The regression results are listed as follows. Coefficients: Estimate Std. Error tvalue Pr(Itl) (Intercept) -1.56794 0.72455 -2.164 0.0309 female -1.81085 0.26483 -6.838 2.26e-11*** educ 0.57150 0.04934 11.584 <2e-16*** 0.02540 0.01157 2.195 0.0286 exper 0.14101 0.02116 6.663 6.83e-11*** tenure Signif. codes:0.0010.010.050.1'"1 Residual standard error: 2.958 on 521 degrees of...
8. A regression of wage (log(wage) is run on a set of following variables: female (-1 if female), educ (years of education), exper (years of experience) and tenure (years with current employer). The regression results are listed as follows. Coefficients: Estimate Std. Error tvalue Pr(Itl) (Intercept) -1.56794 0.72455 -2.164 0.0309 female -1.81085 0.26483 -6.838 2.26e-11*** educ 0.57150 0.04934 11.584 <2e-16*** 0.02540 0.01157 2.195 0.0286 exper 0.14101 0.02116 6.663 6.83e-11*** tenure Signif. codes:0.0010.010.050.1'"1 Residual standard error: 2.958 on 521 degrees of...
8. A regression of wage (log(wage) is run on a set of following variables: female (-1 if female), educ (years of education), exper (years of experience) and tenure (years with current employer). The regression results are listed as follows. Coefficients: Estimate Std. Error tvalue Pr(Itl) (Intercept) -1.56794 0.72455 -2.164 0.0309 female -1.81085 0.26483 -6.838 2.26e-11*** educ 0.57150 0.04934 11.584 <2e-16*** 0.02540 0.01157 2.195 0.0286 exper 0.14101 0.02116 6.663 6.83e-11*** tenure Signif. codes:0.0010.010.050.1'"1 Residual standard error: 2.958 on 521 degrees of...
III-(15pts) You are given the following estimated equation: log(wage)- 0.18+0.093edu +0.044exp+0.043 female-0.016edu female-0.010exp female-0.00068 exp (0.0001) 0.014) 0.4160 0.003 Std errors (0.132) (0.009) (0.005) (0.196) n-526 R-square With all the variables described as follows: logiwage)-log of average hourly wage: female is a dummy variable equal to 1 if the observed person is a female, and 0 if male; edu female is an interaction variable equal to education 'female; edu is the number of years of schooling exp is the number...
asap i beg u
IL. (15pts) You are given the following three estimated models, with all the variables described as in question II Dependent variable: log (wage) educ 0.056** 0.062* 0.049* 0.022) (0.006) (0.022) feduc 0.027 C0.027) 0.021 0.028) married 1.000 0.606 (0.518) (0.466) age 0.032 C0.114) (0.103) (0.116) 0.034 feduc. educ -0.001 (0.002) -0.0003 (0.002) married.age 0.037 0.025 C0.016) (0.014) 0.001 0.001 -0.00000 C0.002) C0.002) C0.002) agesq Constant 5.306**5.218* 5.090*** (1.923) C1.723) C1.932) observations 741 R2 741 0.151 741...