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Suppose you have a model: wage = a, + azeduc; + «21Q; + azexper + a,DM, + a,DF + a,DE, + € where: wage .. annual wage the individual earns in £ educ . years of education IQ exper DM DF ... .. IQ level years of on-the-job experience dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise dummy, equal to one for English-only speakers and zero otherwise represents the error term . ... .. ... DE ... ...

Suppose you have a model: wage = a, + azeduc; + «21Q; + azexper + a,DM, + a,DF + a,DE, + € where: wage .. annual wage the individual earns in £ educ . years of education IQ exper DM DF ... .. IQ level years of on-the-job experience dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise dummy, equal to one for English-only speakers and zero otherwise represents the error term . ... .. ... DE ... ...

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 33E
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Question 3 Suppose you have a model: wage; = a, + azeduc; + azIQi + azexper, + a,DM; + a;DF; + a,DE; + €¿ where: wage .. annual wage the individual earns in £ educ ... years of education IQ .. IQ level exper ... years of on-the-job experience DM dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise ... dummy, equal to one for English-only speakers and zero otherwise represents the error term ... DF ... DE Suppose further that you have a sample of n individuals who speak only French, only English, or are bilingual. a) Explain how you would measure the payoff to someone of becoming bilingual given that his or her mother tongue is a. French b. English b) Explain how you would test the hypothesis that a French-only male earns as much as an English-only female.
Transcribed Image Text:Question 3 Suppose you have a model: wage; = a, + azeduc; + azIQi + azexper, + a,DM; + a;DF; + a,DE; + €¿ where: wage .. annual wage the individual earns in £ educ ... years of education IQ .. IQ level exper ... years of on-the-job experience DM dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise ... dummy, equal to one for English-only speakers and zero otherwise represents the error term ... DF ... DE Suppose further that you have a sample of n individuals who speak only French, only English, or are bilingual. a) Explain how you would measure the payoff to someone of becoming bilingual given that his or her mother tongue is a. French b. English b) Explain how you would test the hypothesis that a French-only male earns as much as an English-only female.
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