Business, 12.03.2020 23:34 BreBreDoeCCx
This problem is inspired by a study of the "gender gap" in earnings in top corporate jobs [Bertrand and Hallock (2001)1. The study compares total compensation among top executives in a large set of U. S. public corporations in the 1990s. (Each year these publicly traded corporations must report total compensation levels for their top five executives.)
Let Female be an indicator variable that is equal to 1 for females and 0 for males. A regression of the logarithm of earnings onto Female yields
In Eamings= 6.38-0.46Female, SER- 2.59
(0.01) (0.05)
a. Calculate the average hourly earnings for top male and female executives.
b. The hourly eamings for top male executives is per hour. (Round your response to two decimal places.)
c. The hourly earnings for top female executives is per hour. (Round your response to two decimal places.)
d. What is the estimated average difference between earnings of top male executives and top female executives?
e. The estimated average difference between earnings of top male executives and top female executives is $ per hour. (Round your response to two decimal places.)
Answers: 2
Business, 21.06.2019 20:30
If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.
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Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
Business, 22.06.2019 22:10
Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?
Answers: 2
This problem is inspired by a study of the "gender gap" in earnings in top corporate jobs [Bertrand...
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