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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 11
Using the regression results in column (3):
a. Do there appear to be important regional differences
b. Why is the regressor West omitted from the regression What would happen if it was included
Results of Regressions of Average Hourly Earnings on Gender and Education Binary Variables and Other Characteristics Using 1998 Data from the Current Population Survey
Dependent variable: average hourly earnings (AHE).
c. Juanita is a 28-year-old female college graduate from the South. Jennifer is a 28-year-old female college graduate from the Midwest. Calculate the expected difference in earnings between Juanita and Jennifer.
a. Do there appear to be important regional differences
b. Why is the regressor West omitted from the regression What would happen if it was included
Results of Regressions of Average Hourly Earnings on Gender and Education Binary Variables and Other Characteristics Using 1998 Data from the Current Population Survey
Dependent variable: average hourly earnings (AHE).
c. Juanita is a 28-year-old female college graduate from the South. Jennifer is a 28-year-old female college graduate from the Midwest. Calculate the expected difference in earnings between Juanita and Jennifer.Explanation
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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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