I would like to include the following variables in my quantile regression model:
y=real hourly wages x1= sex (male=1, female=2) x2= yeaedu (years of education) x3= race (has many categorie, around 8)
I run regression:
I assume that the other two variables sex and years of edu are correctly included the model?
How do I interpret coefficient of var sex?
Thanks a lot!