Maf 356

Introduction

This academic piece of writing consist an in-depth quantitative report on Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions. The data includes 753 random variables selected married women within the age of 30years and 60 years. This also consists of 428 women who were employed at some point of the year while the other 325 observation did not have any paid work in the year 1975.

The variables that were evaluated in the report consists the following

LFP = A dummy variable = 1 if woman worked in 1975, else 0

WHRS = Wife's hours of work in 1975

KL6 = Number of children less than 6 years old in household

K618 = Number of children between ages 6 and 18 in household

WA = Wife's age

WE = Wife's educational attainment, in years

WW = Wife's average hourly earnings, in 1975 dollars

RPWG = Wife's wage reported at the time of the 1976 interview (not equal to 1975 estimated wage)

HHRS = Husband's hour of work in 1975

HA = Husband's age

HE= Husband's educational attainment, in years

HW