Data from Card (1995) to estimate the effect of college education on earnings

Description

Data from the National Longitudinal Survey Young Men Cohort. This data is used to estimate the effect of college education on earnings, using the presence of a nearby (in-county) college as an instrument for college attendance.

Usage

close_college

Format

A data frame with 3010 rows and 8 variables

lwage

Log wages

educ

Years of education

exper

Years of work experience

black

Race: Black

south

In the southern United States

married

Is married

smsa

In a Standard Metropolitan Statistical Area (urban)

nearc4

There is a four-year college in the county

Details

This data is used in the Instrumental Variables chapter of Causal Inference: The Mixtape by Cunningham.

Source

Card, David. 1995. “Aspects of Labour Economics: Essays in Honour of John Vanderkamp.” In. University of Toronto Press.

References

Cunningham. 2021. Causal Inference: The Mixtape. Yale Press. https://mixtape.scunning.com/index.html.