An Examination of the Lithuanian Labour Market during the first quarter of 2004

#delimit;

drop _all;

capture log close;

version 15.1;

*log results to a file called Lithuania.log;

log using "I:\LSBU\Econometrics\coursework example\lecture4.log", replace;

*Loading the data set;

use "I:\LSBU\Econometrics\coursework example\lecture4.dta",clear;

*******************************************************************;

*Generating variables;

gen wage=k18;

What is the difference between tenure and work experience? Which economic theories do these variables imply?

gen lnwage=log(wage);

gen tenure=2004-k26;

gen tensq=tenure*tenure;

gen exp=2004-k79;

gen expsq=exp*exp;

gen gender=1 if sex==2;

replace gender=0 if gender==.;

gen education=k77;

What is the command cd?

*******************************************************************;

What is ib1. representing? In Stata, search for Factor Variables for an explanation

*Doing analysis;

reg lnwage gender tenure tensq;

*Changing directory to my USB pen;

cd " "I:\LSBU\Econometrics\coursework example";

outreg2 using results1.doc, replace;

reg lnwage gender tenure tensq ib1.education;

outreg2 using results1.doc, append;

*******************************************************************;

log close;

*Saving the data under a different name;

save " I:\LSBU\Econometrics\coursework example\seminar4.dta", replace;

Do you understand what is happening here?

Results Generated

You should get a set of results like this. If you don’t, put your hand up in class next week!

Standard errors in parentheses *** p<0.01, ** p<0.05, * p<0.1

From this table you should now be able to make the table look real professional. Marks will definitely be lost for those students who simply copy and paste and do not leave professional looking results in their report.

What does this mean?