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Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609 Exercise 22
Use the data in WAGE1.RAW for this exercise.
(i) Use equation (7.18) to estimate the gender differential when educ = 12.5. Compare this with the estimated differential when educ = 0.
(ii) Run the regression used to obtain (7.18), but with female_(educ _ 12.5) replacing female •educ. How do you interpret the coefficient on female now
(iii) Is the coefficient on female in part (ii) statistically significant Compare this with (7.18) and comment.
(i) Use equation (7.18) to estimate the gender differential when educ = 12.5. Compare this with the estimated differential when educ = 0.
(ii) Run the regression used to obtain (7.18), but with female_(educ _ 12.5) replacing female •educ. How do you interpret the coefficient on female now
(iii) Is the coefficient on female in part (ii) statistically significant Compare this with (7.18) and comment.
Explanation
Verified
Verified
(i)
In the model given by the following:...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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