a. Run a regression of average hourly earnings (AHE) on age (Age), sex (Female), and education (Bachelor). If Age increa

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

a. Run a regression of average hourly earnings (AHE) on age (Age), sex (Female), and education (Bachelor). If Age increa

Post by answerhappygod »

a. Run a regression of average hourly earnings (AHE) on age
(Age), sex (Female), and education (Bachelor). If Age increases
from 25 to 26, how are earnings expected to change? If Age
increases from 33 to 34, how are earnings expected to change?

b. Run a regression of the logarithm of average hourly earnings, ln
(AHE), on Age, Female, and Bachelor. If Age increases from 25 to
26, how are earnings expected to change? If Age increases from 33
to 34, how are earnings expected to change?

c. Run a regression of the logarithm of average hourly earnings, ln
(AHE), on ln(Age), Female, and Bachelor. If Age increases from 25
to 26, how are earnings expected to change? If Age increases from
33 to 34, how are earnings expected to change?

CPS2015 Datafile can be downloaded
here: https://media.pearsoncmg.com/ph/bp/bp_s ... ata08.html
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply