log log model
Posted: Mon Mar 16, 2009 8:51 pm
I plan to use log-log model to process my regression
ln(wage percent change)=a+b*experience+c*education+u
However, the wage percentage would be negative in the data set some time.
Is that means I cannot use log-log model? Because the number above the base should always be positive in common sense. Right?
ln(wage percent change)=a+b*experience+c*education+u
However, the wage percentage would be negative in the data set some time.
Is that means I cannot use log-log model? Because the number above the base should always be positive in common sense. Right?