In (WAGE) = 8, + 8, EDUC + 8, EDUC' + B,EXPER + B. EXPB The above

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In (WAGE) = 8, + 8, EDUC + 8, EDUC' + B,EXPER + B. EXPB The above regression is fitted with a range of restrictions. regression results are given below : Coefficient Estimates and (Standard Errors) Variable Eqn (A) Eqn (B) Eqn (C) Eqn (D) C 0.403 1.483 1.812 2.674 (0.771) (0.495) (0.494) (0.109) EDUC 0.175 0.0657 0.0669 (0.091) (0.0692) (0.0696) EDUC? -0.0012 0.0012 0.0010 (0.0027) (0.0024) (0.0024) EXPER 0.0496 0.0228 0.0314 (0.0172) (0.0091) (0.0104) EXPER" -0.00038 -0.00032 -0.00060 (0.00019) (0.00019) (0.00022) EXPER x EDUC -0.001703 (0.000935) SSE 37.326 37.964 40.700 52.171

Posted Date: Jun 25, 2024 11:47 PM

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In (WAGE) = 8, + 8, EDUC + 8, EDUC' + B,EXPER + B. EXPB The above

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