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)