I have constructed Y = Wife years of schooling -Husband's years of schooling , so Y is education gap/ difference. It ranges from -18 to 15.
Now I regress faher's education and other covariates on edu_diff variable. My variable of interest is Father's education so I see a negative coeff which is significant as well. How do I interpret it?
Also if this is the best model that we can use or we should use some other model?
Now I regress faher's education and other covariates on edu_diff variable. My variable of interest is Father's education so I see a negative coeff which is significant as well. How do I interpret it?
Also if this is the best model that we can use or we should use some other model?
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