wages {GSE}

Wages and Hours

Description

The data are from a national sample of 6000 households with a male head earning less than USD 15,000 annually in 1966. The data were clasified into 39 demographic groups for analysis. The study was undertaken in the context of proposals for a guaranteed annual wage (negative income tax). At issue was the response of labor supply (average hours) to increasing hourly wages. The study was undertaken to estimate this response from available data.

Usage

data(wages)

Format

A data frame with 39 observations on the following 10 variables:

HRS	Average hours worked during the year
RATE	Average hourly wage (USD)
ERSP	Average yearly earnings of spouse (USD)
ERNO	Average yearly earnings of other family members (USD)
NEIN	Average yearly non-earned income
ASSET	Average family asset holdings (Bank account, etc.) (USD)
AGE	Average age of respondent
DEP	Average number of dependents
RACE	Percent of white respondents
SCHOOL	Average highest grade of school completed

Source

DASL library (http://lib.stat.cmu.edu/DASL/Datafiles/wagesdat.html), the dataset is not anymore available at this source.

References

D.H. Greenberg and M. Kosters, (1970). Income Guarantees and the Working Poor, The Rand Corporation.