Question: Given the following regression output, interpret the coefficient on S and discuss the relationship between schooling and EARNINGS. Note that the dependent variable is the

Given the following regression output, interpret the coefficient on S and discuss the
relationship between schooling and EARNINGS. Note that the dependent variable is
the natural log of the wage (LGEARN), and the regression includes an interaction
term between years of schooling and age (SAGE).
gen LGEARN=ln (EARNINGS)
gen SAGE=S*AGE
regress LGEARN S EXP AGE SAGE
Given the following regression output, interpret the coefficient on S and

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