data.wage {desk}

Wage Data in a Company

Description

This is a data set on the wage structure in a company.

Usage

data.wage

Format

A data frame with 20 observations on the following six variables:

wage	employee's monthly wage (in euro).
educ	employee's extra education beyond the basic schooling degree (in years).
age	employee's age (in years).
empl	employee's time of employment in the company (in years).
score	employee's IQ test score.
sex	employee's sex (0 = male).
religion	employee's religion (factor variable).

Details

In Auer (2023, Chap. 13) and Auer et al. (2023, Chap. 13) these hypothetical data are used to illustrate the selection of the relevant exogenous variables.

Source

Auer, L.v. (2023): Ökonometrie - Eine Einführung, 8th ed., Springer-Gabler (https://www.oekonometrie-lernen.de).

References

Auer, L.v., Hoffmann, S. & Kranz, T. (2023): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).