Hello! I was just wondering if someone could please help me with a problem. I am trying to use OLS to estimate a linear hedonic wage equation with wages as a function of gender, race, age, age^2, and fatality risks. the variables are defined as: wage = worker's hourly wage rate male = 1 if worker is male and =0 otherwise white = 1 if worker's race is white = 0 otherwise age = workers age in years fatrate = worker's risk of fatality measured in terms of deaths per 100,000 workers. how would the code even look like? Do i need to create a matrix, and if so, how? thank you!
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