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):

http://www.wiley.com/legacy/wileychi/baltagi/

Online complements to Baltagi (2013):

http://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452

References

Baltagi B (2001). Econometric Analysis of Panel Data, 3rd edition. John Wiley and Sons ltd.

Baltagi B (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)


[Package plm version 2.1-0 Index]