8.1 A researcher tells you that there are non-linearities in the relationship between wages and years of
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8.1 A researcher tells you that there are non-linearities in the relationship between wages and years of schooling. What does this mean? How would you test for non-linearities in the relationship between wages and schooling? How would you estimate the rate of change in wages with respect to years of schooling?
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Related Book For 
Introduction To Econometrics
ISBN: 9781292071367
3rd Global Edition
Authors: James Stock, Mark Watson
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