#' prminwge
#'
#' Wooldridge Source: A.J. Castillo-Freeman and R.B. Freeman (1992), “When the Minimum Wage Really Bites: The Effect of the U.S.-Level Minimum Wage on Puerto Rico,” in Immigration and the Work Force, edited by G.J. Borjas and R.B. Freeman, 177-211. Chicago: University of Chicago Press. The data are reported in the article. Data loads lazily.
#'
#' @section Notes: Given the ongoing debate on the employment effects of the minimum wage, this would be a great data set to try to update. The coverage rates are the most difficult variables to construct.
#'
#' Used in Text: pages 356-357, 369-370, 420-421, 434
#'
#' @docType data
#'
#' @usage data('prminwge')
#'
#' @format A data.frame with 38 observations on 25 variables:
#' \itemize{
#' \item \strong{year:} 1950-1987
#' \item \strong{avgmin:} weighted avg min wge, 44 indust
#' \item \strong{avgwage:} wghted avg hrly wge, 44 indust
#' \item \strong{kaitz:} Kaitz min wage index
#' \item \strong{avgcov:} wghted avg coverage, 8 indust
#' \item \strong{covt:} economy-wide coverage of min wg
#' \item \strong{mfgwage:} avg manuf. wage
#' \item \strong{prdef:} Puerto Rican price deflator
#' \item \strong{prepop:} PR employ/popul ratio
#' \item \strong{prepopf:} PR employ/popul ratio, alter.
#' \item \strong{prgnp:} PR GNP
#' \item \strong{prunemp:} PR unemployment rate
#' \item \strong{usgnp:} US GNP
#' \item \strong{t:} time trend: 1 to 38
#' \item \strong{post74:} time trend: starts in 1974
#' \item \strong{lprunemp:} log(prunemp)
#' \item \strong{lprgnp:} log(prgnp)
#' \item \strong{lusgnp:} log(usgnp)
#' \item \strong{lkaitz:} log(kaitz)
#' \item \strong{lprun_1:} lprunemp[_n-1]
#' \item \strong{lprepop:} log(prepop)
#' \item \strong{lprep_1:} lprepop[_n-1]
#' \item \strong{mincov:} (avgmin/avgwage)*avgcov
#' \item \strong{lmincov:} log(mincov)
#' \item \strong{lavgmin:} log(avgmin)
#' }
#' @source \url{https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041}
#' @examples str(prminwge)
"prminwge"
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