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12) Suppose years of schooling, 5, is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are
12) Suppose years of schooling, 5, is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by: Wm = 500 + 100s and Wf = 300 + 755. On average, men have 14 years of schooling and women have 12 years of schooling. (a) What is the male-female wage differential in the labor market
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Environmental Economics
Authors: Stephen Smith
6th Edition
0199583587, 9780199583584
