Determine what the return to each additional year of education: i) for black workers, and ii) for nonblack workers. (2pts)
b. Provide an interpretation for the coefficient associated to the variable educ.black (1 pt)
c. Determine what is the effect of each additional year with current employer: i) for a black worker; ii)
for a non-black worker. (2pts)
d. For workers with the same number of tenure years and number of years of education, determine the
difference in log(wage) between black and non-black workers. (1 pt)
e. If ???? > ??, then does the earning gap between black and non-black workers get larger for more
educated workers or for less educated workers? (2pts)
f. Provide a correct interpretation for the coefficient of the variable black. (1pt)