Assignment5_1 - -log C\Documents and Settings\SCLab42\My Documents\assignment5_1.loglog type textopened on 30 Nov 2009 19:00:15 drop if hours ==

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Unformatted text preview: ---------------------------------------------------------------------------------------------log: C:\Documents and Settings\SCLab42\My Documents\assignment5_1.loglog type: textopened on: 30 Nov 2009, 19:00:15. drop if hours == 0(325 observations deleted)(. gen lnhours = log(hours).. gen lnwage = log(wage).. gen hearn = huswage*hushrs.. hen lnhearn = log(hearn)unrecognized command: henr(199);r. gen lnhearn = log(hearn).. ivreg lnhours lnhearn age kidslt6 kidsge6 (lnwage = exper educ).Instrumental variables (2SLS) regressionISource | SS df MS Number of obs = 428-------------+------------------------------ F( 5, 422) = 8.43Model | 27.3095292 5 5.46190583 Prob > F = 0.0000Residual | 373.567648 422 .885231394 R-squared = 0.0681-------------+------------------------------ Adj R-squared = 0.0571Total | 400.877178 427 .93882243 Root MSE = .94087------------------------------------------------------------------------------lnhours | Coef. Std. Err. t P>|t| [95% Conf. Interval]-------------+----------------------------------------------------------------lnwage | .2003622 .1850749 1.08 0.280 -.1634214 .5641457lnhearn | -.1949817 .0942331 -2.07 0.039 -.3802064 -.009757age | -.0130755 .0068125 -1.92 -1....
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This note was uploaded on 04/25/2010 for the course ECON 418 taught by Professor Breman during the Spring '08 term at University of Arizona- Tucson.

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Assignment5_1 - -log C\Documents and Settings\SCLab42\My Documents\assignment5_1.loglog type textopened on 30 Nov 2009 19:00:15 drop if hours ==

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