The following table shows the average earnings of various immigrant cohorts, and the native-born, for 1995 and 2000 (a1l values expressed in 2000 dollars). Note: "YSM" refers to the average years since migration. a) (2 points) Calculate the cross-sectional entry effect (in levels) for the 1991-95 (IM9195) cohort and interpret the result. b) (3 points) Use the 1995 cross-section to estimate the effect on earnings of being in Canada an additional 5 years for the IM8185 cohort, i.e. the effect of being in Canada 17.5 instead of 12.5 years. Use this to predict IM8185's earnings in 2000. c) (5 points) Compare your estimate from part b) to IM8185's actual earnings in 2000. Provide a better estimate of the earnings assimilation of the IM8185 cohort. Explain. d) (5 points) Compare the estimate in part c) to the cross-sectional estimate from part b) and suggest an explanation as to why they are different. In particular, name three things you have to consider in order to fully assess assimilation. The following table shows the average earnings of various immigrant cohorts, and the native-born, for 1995 and 2000 (a1l values expressed in 2000 dollars). Note: "YSM" refers to the average years since migration. a) (2 points) Calculate the cross-sectional entry effect (in levels) for the 1991-95 (IM9195) cohort and interpret the result. b) (3 points) Use the 1995 cross-section to estimate the effect on earnings of being in Canada an additional 5 years for the IM8185 cohort, i.e. the effect of being in Canada 17.5 instead of 12.5 years. Use this to predict IM8185's earnings in 2000. c) (5 points) Compare your estimate from part b) to IM8185's actual earnings in 2000. Provide a better estimate of the earnings assimilation of the IM8185 cohort. Explain. d) (5 points) Compare the estimate in part c) to the cross-sectional estimate from part b) and suggest an explanation as to why they are different. In particular, name three things you have to consider in order to fully assess assimilation