Pages • 1
Econometrics 6.14[pic 1]Model: [pic 2] Define: [pic 3]Stata: reg logvl logw[pic 4]The estimated elasticity is 1.333785＝1.3338.[pic 5] So the elasticity is not statistically significantly different from 1.7.20a. 1% + in XY (Quit Rate) ChangeX2Adult Male Unemployment Rate- 0.34%X3Percentage of Employees Younger than 25+ 1.22%X4Manufacturing Employment in Quarter t-1 to Quarter t-4+ 1.22%X5Percentage of Women Employees+ 0.80%X6Time Trend- 0.0055%b. Yes, if it is.
Related Essay Topics:
Changex2Adult Male Unemployment RateEstimated ElasticityLong Term Rate Elasticity