Using the data from the National Longitudinal Survey of Youth 1979.
My hypothesis is that these variables will provide a broader and more robust picture of which Americans go through struggles or which Americans' conditions are resilient to unemployment.
I will attempt to find the underlying importance of certain exogenous variables to explain key endogenous variables using logistic regression.
- Age
- Race
- Sex
- Math ASVAB score
- Word ASVAB score
- College Major
- Highest Degree Received
- Occupation
- Class of Worker
- Firm Size (that one works at, or owns)
- Income
- Region
- Marital Status
- Urban or Rural Household
- Unemployed for a period in 2016
The Armed Services Vocational Aptitude Battery (ASVAB) is a multiple choice test, administered by the United States Military Entrance Processing Command, used to determine qualification for enlistment in the United States Armed Forces. It is often offered to U.S. high school students when they are in the 10th, 11th and 12th grade, though anyone eligible for enlistment may take it.
Taken from Armed Services Vocational Aptitude Battery - Wikipedia
Additionally, I will study what variables influence income for these subjects using Ordinary Least Squares.