Econometric take home APPS_Part_9

Econometric take home APPS_Part_9 - e. Regress ; Lhs =

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35 e. Regress ; Lhs = lwage;rhs=one,educ,educsq,ability,ea,pexp,med,fed,bh,sibs$ +----------------------------------------------------+ | Ordinary least squares regression | | LHS=LWAGE Mean = 2.296821 | | Standard deviation = .5282364 | | WTS=none Number of observs. = 17919 | | Model size Parameters = 10 | | Degrees of freedom = 17909 | | Residuals Sum of squares = 4106.031 | | Standard error of e = .4788235 | | Fit R-squared = .1787487 | | Adjusted R-squared = .1783360 | | Model test F[ 9, 17909] (prob) = 433.11 (.0000) | +----------------------------------------------------+ +--------+--------------+----------------+--------+--------+----------+ |Variable| Coefficient | Standard Error |b/St.Er.|P[|Z|>z]| Mean of X| +--------+--------------+----------------+--------+--------+----------+ Constant| -.10514525 .14931731 -.704 .4813 EDUC | .24088793 .02252126 10.696 .0000 12.6760422 EDUCSQ | -.00654261 .00085754 -7.630 .0000 164.377588 ABILITY | -.12453442 .03354596 -3.712 .0002 .05237402 EA | .01631824 .00272231 5.994 .0000 1.60372621 PEXP | .03951247 .00089761 44.020 .0000 8.36268765 MED | .00045246 .00169356 .267 .7893 11.4719013 FED | .00524829 .00133606 3.928 .0001 11.7092472 BH | -.04775208 .01000179 -4.774 .0000 .15385903 SIBS | .00460796 .00178961 2.575
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Econometric take home APPS_Part_9 - e. Regress ; Lhs =

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