Where WAGE is hourly wage measured in dollars, EDU is years of education, EXPER is years of relevant experience, and FEMALE indicates the employee is female. Holding all else constant, on average, how much would wage increase if the years of education increases by 5 years?

Where WAGE is hourly wage measured in dollars, EDU is years of education, EXPER is years of relevant experience, and FEMALE indicates the employee is female. Holding all else constant, on average, how much would wage increase if the years of education increases by 5 years?

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section19.2: The Economics Of Discrimination

Problem 2QQ

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