Use the data in WAGES.XLS and statistical software to run a regression where the natural logarithm of
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Use the data in WAGES.XLS and statistical software to run a regression where the natural logarithm of wages is explained by a constant term, education, experience, and dummy variables for marital status, gender, race, union membership, and professional status.
(A) Interpret the coefficient on education.
(B) Interpret the coefficient on marital status.
(C) Interpret the coefficient on union membership.
(D) Does this regression provide evidence of racial and gender discrimination? Explain.
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Related Book For 
Essential Econometric Techniques A Guide To Concepts And Applications
ISBN: 9781032101217,9781000538588
3rd Edition
Authors: Elia Kacapyr
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