Question: Move = 0 - .005 Mc - .002 Yh + .007 Sh - .012 R - .001 A + .068 U - .001 (Y,/Yh) where

 Move = 0 - .005 Mc - .002 Yh + .007

Move = 0 - .005 Mc - .002 Yh + .007 Sh - .012 R - .001 A + .068 U - .001 (Y,/Yh) where Move = 1 if moved; 0 if did not move Me = number of children Yh = head's earnings Sh = head's schooling R = 1 if relatives reside in the area; 0 if no relatives in the area A = head's age U = 1 if unemployed at original location; 0 if employed at original location Y /Yh = ratio of wife to husband earnings Data source: University of Michigan Panel Study of Income Dynamics 1. Do older people have a higher probability of geographic mobility? Why

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 Economics Questions!