Answered step by step
Verified Expert Solution
Question
1 Approved Answer
It is likely that parents achievements have some predictive power for their childrens outcomes, as a result of both a hereditary component of intelligence and
It is likely that parents achievements have some predictive power for their childrens outcomes, as a result of both a hereditary component of intelligence and the possibility that higher educated parents stimulate their children to do well at school. thus we conside the model y= b1+b2meduci+b3feduci+ui.
Explain what b2=b3 means in economic terms.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started