Calculate wage differential, Econometrics

Assignment Help:

Suppose years of schooling, s, is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by wm = 500 + 100s and wf = 300 + 75s.

On average, men have 14 years of schooling and women have 12 years of schooling.

(a)  What is the male-female wage differential in the labour market?

(b)  Calculate how much of this wage differential is due to discrimination and how much is due to difference in skills.

 

 


Related Discussions:- Calculate wage differential

David the most interest, David has  £5000  that  he wishes  to  save  for  ...

David has  £5000  that  he wishes  to  save  for  six  years. Bank A  offers  him  an interest  rate  of  4%  per  annum  compounded  monthly.  Bank  B  offers  him  an interest ra

Production, Factor that affect the volume of production

Factor that affect the volume of production

Hetroscedasticity, hypothetical data on consumption expenditure ($) and inc...

hypothetical data on consumption expenditure ($) and income ($) is given in the table x Y 80 55 100 65 85 70 110 80 120 79 115 84

calculate real and nominal growth rate in gdp, 1. (a) Consider a perfectly...

1. (a) Consider a perfectly competitive industry that produces a total output of 190 units in the long run. Suppose there are n identical firms in the market. Each firm then produc

Equation prove, prove that summation k =0 and summation kxi=1

prove that summation k =0 and summation kxi=1

Labor economics, Ask question #Minimum unions tie the hand of management an...

Ask question #Minimum unions tie the hand of management and inhibit efficient decision making100 words accepted#

Equilibrium conditions for three related markets , The equilibrium conditio...

The equilibrium conditions for three related markets are given by:  (a)Write this system of equations in matrix notation of the form  Ax = B.  (b)  Find the determinant

Multicollinearity, if there is multicollinearity so why we can not estimate...

if there is multicollinearity so why we can not estimate the value of parameters?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd