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state the null and alternate hypothesis for the determinant of youth
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- Consider a simple model of marriage and wage Yit = BXit + Sit + Vit where Y is the wage, X is a dummy variable indicating the marital status, S represents "sociability," and V contains other unobserved causal factors. Assume that Vit is independent of Xis for all i, t, s. We observe a panel data of (Yit, Xit). Which of the following condition(s) are sufficient for us to obtain a consistent estimate of B? Sit is independent of Xit Sit does not vary with time t Vit does not vary with time t Sit is independent of VitThe spatial correlation approach and the structural approach to estimate effects of labour immigration on the receiving country's wage distribution are mutually incompatible (i.e. can not be combined in empricial analysis). True False1- Consider a basic matching model where the number of matches between unemployed individuals and firms is determined by the matching function M = mu“v(1-a). Explain the implication of changes in m and a. In other words, what happens when the matching gets more efficient or changes importance between unemployed individuals and vacancies.
- Each cell represents a regression with a different outcome variable from Krueger’s (1993) study of workers who use computers. The left hand side variable is log wages. Answer based on column 2 of the above regression table. 1. Write a sentence that explains the relationship the regression is describing in row 2. 2. What is the number in parenthesis? What is it trying to communicate? 3. Write a causal statement that captures what the authors are trying to argue in row 2.We studied three measures of wage dispersion and two measures of wage asymmetry in the chapter. What are they?the basic data source to track the number of unemployed comes from a calculation of applications for new unemployment benefits. true or false
- The following equations have been estimated by Ordinary Least Squares (OLS), where Y denotes annual earnings, P job evaluation points, and the subscripts m and f denote male and female respectively: Ym = 5000 + 100Pm Yf = 4000 + 80Pf Assume the average job evaluation score was 300 points in male-dominated jobs and 200 points in female-dominated jobs. What is the average pay in male-dominated jobs and in female-dominated jobs? Use a Oaxaca decomposition to determine the average pay differential between male and female dominated jobs into two components: a portion attributable to the difference in job evaluation points (valued according to the male pay for such points) and a portion attributable to differences in pay for the same job evaluation points. Use that same decomposition, but this time evaluate the differences in job evaluation points according to the female pay for such points.Explain what multicollinearity . What are the main problems that multicollinearity creates for OLS estimation results ? Give two ways to detect multicollinearity problem and the hypothesis that are tested ?The table below describes the average per-hour wages of males and females; in each pair, they have the same occupation, education, marital status, and age. The researcher wants to figure out whether males have higher wages than females. Formulate a relevant research hypothesis and test it, assuming that both samples are representative and wages come are distributed normally. Assume alpha = 0.05. ID Men Women 1 15 12 2 10 8 3 11 12 4 20 14
- 8. Using adjusted R-squared to choose between nonnested models Consider the following two models relating wages and education: Model 1 wage = Bo + Bieduc + B2 educ² + u where and R² = 0.393 R2 = 0.048 Model 2 log (wage) Bo + Bieduc + B2 educ² + u where R2 = 0.432 R²= 0.009You want to explore the relationship between the Scores students receive on their first quiz and their first final. You believe that there is a positive correlation between the two scores. What are the most appropriate null and alternative hypotheses regarding the population correlation? а. HO: p = 0 and H1: p 0 || С. HO: p = 0 and H1: p # 0 d. HO: p = 0 and H1: p < 1Show how to arrive to Equation (8.16) of the textbook, and then find the optimal amount to spend on education E and the number of children m. Provide a brief interpretation about how these equation help understand the demographic transition.
