wage1: wage1

In wooldridge: 115 Data Sets from "Introductory Econometrics: A Modern Approach, 7e" by Jeffrey M. Wooldridge

wage1

Description

Wooldridge Source: These are data from the 1976 Current Population Survey, collected by Henry Farber when he and I were colleagues at MIT in 1988. Data loads lazily.

Usage

data('wage1')

Format

A data.frame with 526 observations on 24 variables:

• wage: average hourly earnings

• educ: years of education

• exper: years potential experience

• tenure: years with current employer

• nonwhite: =1 if nonwhite

• female: =1 if female

• married: =1 if married

• numdep: number of dependents

• smsa: =1 if live in SMSA

• northcen: =1 if live in north central U.S

• south: =1 if live in southern region

• west: =1 if live in western region

• construc: =1 if work in construc. indus.

• ndurman: =1 if in nondur. manuf. indus.

• trcommpu: =1 if in trans, commun, pub ut

• trade: =1 if in wholesale or retail

• services: =1 if in services indus.

• profserv: =1 if in prof. serv. indus.

• profocc: =1 if in profess. occupation

• clerocc: =1 if in clerical occupation

• servocc: =1 if in service occupation

• lwage: log(wage)

• expersq: exper^2

• tenursq: tenure^2

Notes

Barry Murphy, of the University of Portsmouth in the UK, has pointed out that for several observations the values for exper and tenure are in logical conflict. In particular, for some workers the number of years with current employer (tenure) is greater than overall work experience (exper). At least some of these conflicts are due to the definition of exper as “potential” work experience, but probably not all. Nevertheless, I am using the data set as it was supplied to me.

Used in Text: pages 7, 17, 33-34, 37, 76, 91, 125, 183, 194-195, 220, 231, 234, 235-236, 240-241, 243-244, 263, 272, 326, 678

Source

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

Examples

 str(wage1)

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