economic and statistic question

(1)

(2)

(3)

(4)

Hourly Wage

log(Wage)

Hourly Wage

log(Wage)

Years of Education

22.18***

0.0416***

16.89***

0.0290***

(2.445)

(0.00423)

(2.952)

(0.00507)

Age

4.080***

0.00763***

25.15***

0.0472***

(0.444)

(0.000769)

(2.599)

(0.00447)

Female

-165.0***

-0.297***

-288.7***

-0.614***

(12.81)

(0.0222)

(57.05)

(0.0981)

Usual Hours Worked

5.366***

0.0126***

3.575***

0.00919***

(0.601)

(0.00104)

(0.622)

(0.00107)

Age Squared

-0.267***

-0.000502***

(0.0325)

(0.0000559)

femed

9.628**

0.0253***

(4.800)

(0.00825)

Constant

-6.486

5.066***

-231.3***

4.674***

(41.04)

(0.0711)

(55.21)

(0.0949)

Observations

1199

1199

1199

1199

R2

0.286

0.344

0.327

0.390

Adjusted R2

0.283

0.342

0.323

0.387

Standard errors in parentheses

* p < 0.10, ** p < 0.05, *** p < 0.01

This is data set smallcps79