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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 14
Add the interaction term union.t-t to the equation estimated in Table 14.2 to see if wage growth depends on union status. Estimate the equation by random and fixed effects and compare the results.
Table Three Different Estimators of a Wage Equation
Table Three Different Estimators of a Wage Equation
Explanation
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On adding the interaction term 
in the w...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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