Determinants of annual wages for workers in computer science and electrical engineering

Computer science Electrical engineering
Variable  Coefficients (standard error)
Constant -18,731 -12,320
(17,759) (15,574)
Age 4,389* 3,633*
(862) (712)
Age squared -46.9* -34.2*
(10) (8)
Master’s degree 6,703* 10,338*
(2,031) (2,092)
Ph.D. 28,246* 22,671*
(4,436) (3,509)
Former foreign student (F-1) -5,278* 685
(2,447) (2,607)
High cost of living 9,543* 6,543*
(1,775) (1,830)
Academic -29,901* -18,721*
(5,097) (6,395)
Government -16,047* -1,262
(3,499) (3,133)
Adjusted R-squared 0.119 0.155
N 1327 833

* Indicates statistically significant at the 5 percent level

Source: Author's regression analysis of National Survey of College Graduates (NSCG) data (NSF 2003)

View the underlying data on epi.org.