Wages {plm} | R Documentation |
Panel Data of Individual Wages
Description
A panel of 595 individuals from 1976 to 1982, taken from the Panel Study of
Income Dynamics (PSID).
The data are organized as a stacked time
series/balanced panel, see Examples on how to convert to a
pdata.frame
.
Format
A data frame containing:
- exp
years of full-time work experience.
- wks
weeks worked.
- bluecol
blue collar?
- ind
works in a manufacturing industry?
- south
resides in the south?
- smsa
resides in a standard metropolitan statistical area?
- married
married?
- sex
a factor with levels
"male"
and"female"
- union
individual's wage set by a union contract?
- ed
years of education.
- black
is the individual black?
- lwage
logarithm of wage.
Details
total number of observations : 4165
observation : individuals
country : United States
Source
Online complements to Baltagi (2001):
https://www.wiley.com/legacy/wileychi/baltagi/
Online complements to Baltagi (2013):
https://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452
References
Baltagi BH (2001). Econometric Analysis of Panel Data, 3rd edition. John Wiley and Sons ltd.
Baltagi BH (2013). Econometric Analysis of Panel Data, 5th edition. John Wiley and Sons ltd.
Cornwell C, Rupert P (1988). “Efficient Estimation With Panel Data: an Empirical Comparison of Instrumental Variables Estimators.” Journal of Applied Econometrics, 3, 149–155.
Examples
# data set 'Wages' is organized as a stacked time series/balanced panel
data("Wages", package = "plm")
Wag <- pdata.frame(Wages, index=595)