Question
A recent study estimated the model above via linear regression for a sample of over 500 men: ln(wage)=1.2 + .10Edu + .03Degree + .02Exp-.005Exp^2 What
A recent study estimated the model above via linear regression for a sample of over 500 men:
ln(wage)=1.2 + .10Edu + .03Degree + .02Exp-.005Exp^2
What is an expression for the rate of return to experience.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
