Suppose that information about gender is coded as "1" if the person is female, and "0" otherwise. Consider the following simple model of hourly wage, W, determination: W = β0 + δ0G + β1X1 + u, where X1 stands for years of schooling.Which of the following does NOT pertain to the meaning of δ0?δ0 determines whether there is wage discrimination against women.If δ0>0 then given the same level of education for men and women, women earn more than men on average.If δ0>0, then given the same level of education for men and women, women earn less than men on average.δ0 reflects the wage difference based on gender only.

Answered: Suppose that information about gender…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Suppose that information about gender is coded as "1" if the person is female, and "0" otherwise. Consider the following simple model of hourly wage, W, determination: W = β0 + δ0G + β1X1 + u, where X1 stands for years of schooling.

Which of the following does NOT pertain to the meaning of δ0?

δ0 determines whether there is wage discrimination against women.
If δ0>0 then given the same level of education for men and women, women earn more than men on average.
If δ0>0, then given the same level of education for men and women, women earn less than men on average.
δ0 reflects the wage difference based on gender only.

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