Create a graph showing average wages, Macroeconomics

For this question you will use the dataset "march01.dat", which includes wages (column 1), age (column 2), a dummy variable indicating females (column 3), and years of education (column 4). You will need to turn in a printed copy of your M-file and your graph from Question 3.

1. Create a dummy variable that indicates individuals who went to college: college=1 if education> 12, college=0 if education≤ 12.

2. Display the average wage of females who attended college and the average wage of females who did not attend college.

3. Create a graph showing average wages (for all individuals) as a function of age (average wage on the y-axis and age on the x-axis).

 

Posted Date: 3/26/2013 6:13:58 AM | Location : United States







Related Discussions:- Create a graph showing average wages, Assignment Help, Ask Question on Create a graph showing average wages, Get Answer, Expert's Help, Create a graph showing average wages Discussions

Write discussion on Create a graph showing average wages
Your posts are moderated
Related Questions
Four aspects are interesting when we look at inflation data for Sweden During 1800s, when Sweden was primarily an agricultural society, deflation where almost as common as


Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l

1 (a) List two concerns with inflation. (b) Suppose that we are in a condition of fully flexible prices, but production of nails will not go above 200 chairs/month. What price w

Aggregate Supply and Demand 1. The equation for expenditure GDP is 2. Sketch a fully labeled aggregate supply and demand diagram for an economy that is in full employment equ

After the fall of the king, a tax rate of 20% has been introduced in the Frog Islands Republic. The value of Sun corporation is now 100.000€. Bright Star Co. debt has no changed. T

Can you think of examples where the government does not intervene enough when it comes to consumer safety and product information? Examples where too much intervention is the case

Christina Romer and Jared Bernstein in "The Job Impact of the American Recovery and Reinvestment Plan" calibrated the impact of the proposed expansionary fiscal policy (we know it

TRADE AND DEVELOPMENT: In the earlier Units of this block, you have learnt about the trade policy from historical perspective and the recent shift in policy during nineties. Y

assessment of interest rate in the economy of south africa, unemployment