Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the regressions in your table to discuss the characteristics of workers who were hurt most by the Great Recession. Variable Name Description Variables from
- Use the regressions in your table to discuss the characteristics of workers who were hurt most by the Great Recession.
Variable Name Description Variables from the 2009 Survey employed indicator =1 if employed in 2009 unemployed indicator =1 if unemployed in 2009 Variables from the 2008 Survey age age female indicator =1 if female married indicator =1 if race = 1 if self-identified race = white (only) = 2 if self-identified race = black (only) = 3 if self-identified race was not white (only) or black (only) union indicator =1 if a member of a union ne states indicator =1 if from a northeastern state so states indicator =1 if from a southern state ce states indicator =1 if from a central state we states indicator =1 if from a western state private indicator =1 if employed in a private firm government indicator =1 if employed by the government self indicator =1 if self-employed educ Iths indicator =1 if highest level of education is less than a high school graduate educ hs indicator =1 if highest level of education is a high school graduate educ somecol indicator =1 if highest level of education is some college educ aa indicator =1 if highest level of education is AA degree educ ba indicator =1 if highest level of education is BA or BS degree educ adv indicator =1 if highest level of education is advanced degree earnwke average weekly earningsDependent variable: employed probit Logistic (1) (2) age 3. 108* * * (0. 014) (0.026) I(age2) -0.001* * -0. 002* * * (0. 0002) (0. 0903) female -0.046 -0.070 (0. 050) (0.094) married -0.013 -0.038 (0. 053) (0. 100) race -0.032 -0.056 (0. 041) (0.076) union -0.360* * * -0. 663* * * (0. 070) (0.129) ne_states 0. 098 0.169 (0. 071) (0.131) so_states 0. 061 0.114 (0. 064) (0.120) ce_states 0.214* * 0. 405* * * (0. 069) (0.131) we_states private -0.172* * -0.331** (0. 069) (0.131) government self educ_1ths -0.315* * * -0.526** (0.119) (0.221) educ_hs -0.090 -0.139 (0. 094) (0.182)
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