Interpret every structural parameter in each of the following regressions considering: (A) LNWAGES; = 2.1 + 1.3

Interpret every structural parameter in each of the following regressions considering:

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(A) LNWAGES; = 2.1 + 1.3 EXP; (B) WAGES, 2.1 + 1.3 EXP - 2.3 EXPSQ;+ e (C) WAGES, = 2.5 -0.1 (1/EXP) i + C = WAGES pay per hour of work LNWAGES natural log of WAGES EXP years of experience EXPSQ EXP squared