Question: Please visit https://fred.stlouisfed.org/, and look for 1. Median usual weekly nominal earnings for high school graduate with 25 years old and over and 2. the

Please visit https://fred.stlouisfed.org/, and look for 1. Median usual weekly nominal earnings for high school graduate with 25 years old and over and 2. the same for Bachelor's degree

Please visit https://fred.stlouisfed.org/, and look for 1. Median usual weekly nominal earningsfor high school graduate with 25 years old and over and 2.

hw5_2021_210808_141948.pdf x + X C "2 | C:/Users/skw21/Desktop/hw5_2021_210808_141948.pdf . .. Microsoft Edge= (B) 7/ COX12 286 ING47? X 3 94 Q 2. Please visit https://fred.stlouisfed.org/, and look for 1. Median usual weekly nominal earn- ings for high school graduate with 25 years old and over and 2. the same for Bachelor's degree. (a) Please download the two sets of time series for men and use any statistical software to produce "one" figure showing the ratio of median earnings of college to high school graduate from 2002 to 2021 with frequency annual (b) Please download the two sets of time series for women and use any statistical software to produce "one" figure showing the ratio of median earnings of college to high school graduate from 2002 to 2021 with frequency annual (c) Please produce another figure with these two set of time series you have for 2(a) and 2(b) together. (d) Given a gender (for men and women), is the ratio higher, lower, and equal to one? Why do you think the explanation is? (Please use the theory learned in the lecture to explain.) O 100% d 24 1:06 2021-08-09hw5_2021_210808_141948.pdf x + X C "2 | C:/Users/skw21/Desktop/hw5_2021_210808_141948.pdf . .. Microsoft Edge= (B) 7/ COX12 286/ING47? X 3 94 Q e) Do you see any trends for these two ratios for both men and women? Please also use the theory learn in the lecture to explain. (f) Now compare the ratio between woman and men. Do you see any difference between these two? Please use the theory learned in the lecture to explain why do you see what you see. 4 O 100% d 24 1:06 2021-08-09

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!