这道题的要求是什么呢?我应该怎么做呢?
Data Analysis
An extract from the March 2008 CPS is posted on the Blackboard course web page. This data set
contains information on working-age women. The variables included are labor force status,
hours/week, age, race, marital status, years of schooling, number of own children under age 6,
number of own children under age 18, and family unearned income.
Description of variables in marcps08.dta:
labforcestat: labor force status
hrswk: the typical hours per week worked
age: age (only women 18 through 65 are included)
race: 1 = white, 2 = black, and 3 = other
marstat: marital status
educ: educational attainment
child6: number of own children under 6
child18: number of unmarried own children under 18
unearninc: family’s unearned income
1. Using the information provided with the data, construct dummies for employment status and
labor force participation, high school and college graduation status, nonwhite race, non-married
status, and number of children 6-18. Report descriptive statistics for all variables in your extract.
Check your data for implausible or missing values.
2. Run regressions of LFP and log(hours per week) on age, age-squared, the race dummy,
dummies for high school and college graduation status, number of children under 6, number of
children aged 6-18, the non-married dummy, and unearned income. Are the results of this
regression roughly consistent with the time-allocation model discussed in the textbook (Chapter
2)? Why or why not?