Question: Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable: log(wage) (1) (2) married 0.

Consider the following two estimated models (1) and (2), with all

Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable: log(wage) (1) (2) married 0. 146** (0.068) educ 0.087*** 0.090*** (0.008) (0.007) exper 0.035*** 0.041*** (0.006) (0.005) marriedexp -0.002 (0.003) expersq -0.001** * -0.001*** (0.0001) (0.0001) Constant 0.138 0. 128 (0.106) (0.106) Observations 526 526 R2 0.310 0.300 Note: *p

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