Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Oaxaca Decomposition Suppose that schooling, experience and union attachment are the only determinants of the hourly income in American States United in 1994. According to

image text in transcribedimage text in transcribed
Oaxaca Decomposition Suppose that schooling, experience and union attachment are the only determinants of the hourly income in American States United in 1994. According to the data of the time, men's and women's income could be represented by 20M 2 1. 34 -|- 0.0783114 + 0. 27EXPM l 3. 76Um'onM 11); = 1. 80 + 0. 0703p + 0. 21EXPF | 4. 62Um'onp Characteristics' averages by gender are given by Men Women Wage 14.74 11.69 Yrs. of Schooling (8) 14.15 14.56 Yrs. of Experience (EXP) 13.86 9.32 Belonging to Union 0.32 0.28

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mining And The State In Brazilian Development

Authors: Gail D Triner

1st Edition

1317323580, 9781317323587

More Books

Students also viewed these Economics questions