minwage: minwage

minwageR Documentation

minwage

Description

Wooldridge Source: P. Wolfson and D. Belman (2004), “The Minimum Wage: Consequences for Prices and Quantities in Low-Wage Labor Markets,” Journal of Business & Economic Statistics 22, 296-311. Professor Belman kindly provided the data. Data loads lazily.

Usage

data('minwage')

Format

A data.frame with 612 observations on 58 variables:

  • emp232: employment, sector 232, 1000s

  • wage232: hourly wage, sector 232, $

  • emp236:

  • wage236:

  • emp234:

  • wage234:

  • emp314:

  • wage314:

  • emp228:

  • wage228:

  • emp233:

  • wage233:

  • emp394:

  • wage394:

  • emp231:

  • wage231:

  • emp226:

  • wage226:

  • emp387:

  • wage387:

  • emp056:

  • wage056:

  • unem: civilian unemployment rate, percent

  • cpi: Consumer Price Index (urban), 1982-1984 = 100

  • minwage: Federal minimum wage, $/hour

  • lemp232: log(emp232)

  • lwage232: log(wage232)

  • gemp232: lemp232 - lemp232[_n-1]

  • gwage232: lwage232 - lwage232[_n-1]

  • lminwage: log(minwage)

  • gmwage: lminwage - lminwage[_n-1]

  • gmwage_1: gmwage[_n-1]

  • gmwage_2:

  • gmwage_3:

  • gmwage_4:

  • gmwage_5:

  • gmwage_6:

  • gmwage_7:

  • gmwage_8:

  • gmwage_9:

  • gmwage_10:

  • gmwage_11:

  • gmwage_12:

  • lemp236:

  • gcpi: lcpi - lcpi[_n-1]

  • lcpi: log(cpi)

  • lwage236:

  • gemp236:

  • gwage236:

  • lemp234:

  • lwage234:

  • gemp234:

  • gwage234:

  • lemp314:

  • lwage314:

  • gemp314:

  • gwage314:

  • t: linear time trend, 1 to 612

Notes

The sectors corresponding to the different numbers in the data file are provided in the Wolfson and Bellman and article.

Used in Text: pages 379, 410, 444-445, 674-675

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

 str(minwage)

wooldridge documentation built on May 3, 2023, 5:06 p.m.