Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable: log(wage) (1) (2) married 0.
Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable: log(wage) (1) (2) married 0. 146** (0.068) educ 0.087*** 0.090*** (0.008) (0.007) exper 0.035*** 0.041*** (0.006) (0.005) marriedexp -0.002 (0.003) expersq -0.001** * -0.001*** (0.0001) (0.0001) Constant 0.138 0. 128 (0.106) (0.106) Observations 526 526 R2 0.310 0.300 Note: *p
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