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Run an ivreg of lwage and educ using the father's education (fatheduc) as an instrument fYou will use the Women's Wages dataset Mroz.csv* for this

  1. Run an ivreg of lwage and educ using the father's education (fatheduc) as an instrument
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\fYou will use the Women's Wages dataset Mroz.csv* for this section. This dataset is a cross-sectional dataset with 753 observations of female members of the labor force in the US (in 1975). It contains variables such as the number of children, the wage, the hours worked etc. The dependent variable which you will use here is the log wage (lwage) and we are interested in whether the years of education (educ) has a positive influence on a women's wages. Here are the variable descriptions: 1. inlf -1 if in labor force, 1975 2. hours hours worked, 1975 3. kidsle6 I kids

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