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Consider the following regression model: wage=+male+maleedu+edu+u, where wage is the hourly wage measured in dollars; male is a dummy variable for males; edu is the
Consider the following regression model: wage=+male+maleedu+edu+u, where wage is the hourly wage measured in dollars; male is a dummy variable for males; edu is the years of education; maleedu is the interaction of male and edu variables. The parameter estimates for parameters are =1.73; =1.84; =0.43; =1.36. What is the predicted marginal effect of years of education for females? Give exact number for the answer. I.e., do not approximate.
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