Question: 1 [50 points] In this question, we will study the participation of married women in the labor force. You should download and import the dataset

1 [50 points] In this question, we will study the participation of married women in the labor force. You should download and import the dataset needed for this question "MROZ.dta" from Brightspace (please find the description there as well). We want to run regressions to estimate labor force (inlf) on the covariates: 1. nwifeinc 2. educ 3. exper 4. exper2 5. age 6. kidslt6 7. kidsge6 a. [5 points] Estimate a linear probability model of labor-force participation using OLS and all the above covariates. b. [10 points] Estimate the Probit model for the same variables (Hint: Link) c. [10 points] Estimate the Logit model for the same variables (Hint: Link) d. [5 points] Report all 3 regression outputs in one table (Hint: using Stargazer). e. [10 points] For the probit model, calculate and write the predicted percentage of inlf given 1. nwifeinc = 2 2. educ = 10 3. exper = 7 4. age = 33

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