Consider a man with 16 years of education and 2 years of, Ask an Expert

Economics

the box " The Return of Education and the Gender Gap":

a) consider a man with 16 years of education and 2 years of experience who is from a western state. Use the result and the method in key to estimate the expected change in the logarithm of average hourly earnings (AHE) associated with an additional year of experience.

b) repeat (a) assuming 10 years of experience.

c) explian why the answers to (a) and (b) are different.

d) is the difference in the answers to (a) and (b) statistically significant at the 5% level? explian.

e) would your answer to (a) through (d) change if the person were a women? if the person were from the south? Explain.

f) how would you change the regression if you suspected that the effect of experience on earnings was different for men than for women?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9499250

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