Description Usage Format Details Source Examples
obs: 428 subsample of Mroz 1975 data including families with working wives
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A data frame with 428 observations on the following 6 variables.
faminc
Family income in 2006 dollars = [husband's hours worked in 1975 * husbands hourly wage + wife's hours worked in 1975 * wife's hourly wage]*3.78 (The multiplier 3.78 is used to convert 1975 dollars to 2006 dollars.)
he
Husband's educational attainment, in years
we
Wife's educational attainment, in years
kl6
Number of children less than 6 years old in household
xtra_x5
an artifically generated variable used to illustrate the effect of irrelevant variables.
xtra_x6
a second artifically generated variable used to illustrate the effect of irrelevant variables.
THE MROZ DATA FILE IS TAKEN FROM THE 1976 PANEL STUDY OF INCOME DYNAMICS, AND IS BASED ON DATA FOR THE PREVIOUS YEAR, 1975. OF THE 753 OBSERVATIONS, THE FIRST 428 ARE FOR WOMEN WITH POSITIVE HOURS WORKED IN 1975, WHILE THE REMAINING 325 OBSERVATIONS ARE FOR WOMEN WHO DID NOT WORK FOR PAY IN 1975. A MORE COMPLETE DISCUSSION OF THE DATA IS FOUND IN MROZ [1987], APPENDIX 1.
http://principlesofeconometrics.com/poe4/poe4.htm
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