Panel Data of Individual Wages

Description

A panel of 595 observations from 1976 to 1982, taken from the Panel Study of Income Dynamics (PSID).

total number of observations : 4165

observation : individuals

country : United States

Usage

data(Wages)

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.

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, Badi H. (2001) Econometric Analysis of Panel Data, 2nd ed., John Wiley and Sons.

Baltagi, Badi H. (2013) Econometric Analysis of Panel Data, 5th ed., John Wiley and Sons.

Cornwell, C. and P. Rupert (1988) “Efficient estimation with panel data: an empirical comparison of instrumental variables estimators”, Journal of Applied Econometrics, 3, pp. 149–155.