Question: A researcher is using a panel data set on n = 1000 workers overT = 10 years (from 2001 through 2010) that contains the workers'

 A researcher is using a panel data set on n =
1000 workers overT = 10 years (from 2001 through 2010) that contains

A researcher is using a panel data set on n = 1000 workers overT = 10 years (from 2001 through 2010) that contains the workers' earnings, gender, education, and age. The researcher is interested in the effect of education on earnings. Suppose you run a regression of earnings on person-specic and time-specific control variables. Can this regression be used to estimate the effect of gender on an individual's earnings or the effect of the national unemployment rate on an individual's earnings? It can be used to estimate the effect of both gender and the national unemployment rate on an individual's earnings Neither effect can be estimated using this regression. It can be used to estimate the effect of gender on an individual's earnings, but not the effect of the national unemployment rate on an individual's earnings. It can be used to estimate the effect of the national unemployment rate on an individual's earnings, but not the effect of gender on an individual's earnings

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!