PSID1976: Panel Study of Income Dynamics 1976 Extract
In HeckmanStan: Heckman Selection Models Based on Bayesian Analysis

PSID1976

R Documentation

Panel Study of Income Dynamics 1976 Extract

Description

Cross-section data originating from the 1976 Panel Study of Income Dynamics (PSID). The dataset includes demographic and economic characteristics of married women and their husbands, and is commonly used for analyzing female labor force participation.

Usage

data(PSID1976)

Format

A data frame with 753 observations on the following 22 variables.

age: age of the woman
city: dummy for living in a city
college: dummy for college education (woman)
education: years of education (woman)
experience: years of labor market experience
feducation: father's years of education
fincome: family income in 1,000s
hage: husband's age
hcollege: dummy for husband's college education
heducation: husband's years of education
hhours: husband's weekly working hours
hours: woman's weekly working hours
hwage: husband's log hourly wage
meducation: mother's years of education
oldkids: number of children older than 6
participation: dummy for woman's labor force participation
repwage: replacement wage (predicted wage if not employed)
tax: marginal tax rate
unemp: state unemployment rate
wage: log hourly wage of the woman
youngkids: number of children 6 or younger

References

Mroz, T. A. (1987). The sensitivity of an empirical model of married women's hours of work to economic and statistical assumptions. *Econometrica*, 55(4), 765–799.