Use data for the most recent year available from the U . S . Bureau of Labor
Fantastic news! We've Found the answer you've been seeking!
Question:
Use data for the most recent year available from the US Bureau of Labor Statistics BLS to
answer the questions below:
a The BLS defines adult employment status as being either employed, unemployed, or not
in the labor force. Tabulate the distribution of employment status conditional on sex and
college graduation status for adults in the labor force.
b Prove the law of iterated expectations by showing that the employment rate conditional on
sex alone is a weighted average of the conditional expectation function CEF tabulated in
a above. What are the weights?
c Plot the CEF of annual earnings given age, separately for men and women. Smooth your
plot by grouping age into year intervals.
Related Book For
Posted Date: