Question: Use the data in WAGE1 for this exercise. (i) Use equation (7.18) to estimate the gender differential when educ 5 12.5. Compare this with the

Use the data in WAGE1 for this exercise.

(i) Use equation (7.18) to estimate the gender differential when educ 5 12.5.

Compare this with the estimated differential when educ 5 0.

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