1. Using the other file in this homework folder (women_job.dta), investigate the

Question

1. Using the other file in this homework folder (women_job.dta), investigate the possibility that age (Ai) is a relevant variable in the women’s labor participation model. First, estimate the linear probability model: Job = f(Married, School, Age) in STATA. (Include your STATA work)

a. Report the values of the coefficients and p-values for each independent variable.

b. In words, express what the beta coefficient for “age” means using the values estimated by STATA.

c. Calculate Rp2 using the method shown in class. (Show the work that you do in STATA)

age job married school 31 1 0 16 34 1 1 14 41 1 1 16 67 0 0 9 25 1 0 12 58 0 1 12 45 1 0 14 55 1 0 10 43 0 0 12 55 1 0 8 25 1 0 11 41 1 0 14 62 0 1 12 51 1 1 13 39 0 1 9 35 1 0 10 40 1 1 14 43 0 1 10 37 0 1 12 27 1 0 13 28 1 0 14 48 1 1 12 66 0 1 7 44 0 1 11 21 0 1 12 40 1 1 10 41 1 0 15 23 0 1 10 31 0 1 11 44 1 1 12

Explanation / Answer

a) the coefficients : age = -0.000968184 p-value = 0.886192083

married = -0.380310742 p-value = 0.022099501

School = 0.091118235 p-value = 0.022639433

b) the coefficient of age indicates that as the age increases the chances of getting a good job reduces

c) the R2 value is = 0.363966512

Regression Statistics Multiple R 0.603296372 R Square 0.363966512 Adjusted R Square 0.290578033 Standard Error 0.419681249 Observations 30

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