I downloaded 12 years of individual, monthly data for all 51 states along with demographic information into Stata. I’m using CPS to regress predict state-month labor force participation for a subset of individuals (probably females with less than college education).
I’ve used your online tutorials (very helpful!) to figure everything out so far except for the weighting. Weighting is covered in the tutorials, but it doesn’t get at my question perfectly and it’s very important I get this right.
I am 100% sure I have my regression right, but am only 80% confident on the weighting…
reg Y X1 X2 if X3=value, [pweight=WTFINL]
I’m hoping you can confirm that WTFINL is the proper weight. And that it’s a sampling weight (thus, the ‘pweight’ command).
Thank you for any guidance you can provide!!