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Wage Determinants: Education & Experience by Alex Centeno is a document available to read on EtoBox.

What is Wage Determinants: Education & Experience about?

- The document analyzes factors that affect wages using panel data regression on PSID wage data from 1976-1982. It examines the effects of education, weeks worked, and years of experience on wages. - It estimates several regression models, including naive OLS, fixed effects, random effects, and models including individual and time fixed effects. Education, experience and weeks worked are found to positively impact wages in most models. - The fixed effects model is found to best fit the data, with educatio

Author

Alex Centeno

Language

EN