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(a) Results of multiple regression of average weekly hours on hourly earnings and other variables, 1950 H= c - .085E + .193M +1.041s + .066A

(a) Results of multiple regression of average weekly hours on hourly earnings and other variables, 1950

H= c - .085E + .193M +1.041s + .066A - .056B - .023F

Where

c = Constant of regression

H = mean by hours worked by male and salary workers in census week 1950 (hours)

E = hourly wage and salary income (earnings)

M = Fraction of Male workers with wife present (martial Status)

s = Schooling in years

A= Age

B = proportion black

F = ratio of female workers (percent female)

(b) Labor force Participation from 1950 population over 65 years of age

N = c + .64E - 2.33I (Males)

N = c + 1.05E - 1.09I (females)

where

N = percent in the labor force (Labor force participation rate)

E = earnings

I = Other income (nonwage income)

for females 16-65

N = c + 1.33E - .62I + .12S - .41U - .24K

where

U = Unemployment rate

K = number of kids

Questions

  1. Do more educated women have a higher or lower labor force participation?
  2. What is the effect of children on women's labor force participation?
  3. Do married men work greater amounts than non-married men?
  4. Is the male labor supply curve for hours "backward Bending"?

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