Wages

A panel of 595 individuals from 1976 to 1982, taken from the Panel Study of
Income Dynamics (PSID). The data are organized as a stacked time
series/balanced panel, see Examples on how to convert to a
<code>pdata.frame</code>.

datasets

A set of estimators for models and (robust) covariance matrices, and tests for panel data
econometrics, including within/fixed effects, random effects, between, first-difference,
nested random effects as well as instrumental-variable (IV) and Hausman-Taylor-style models,
panel generalized method of moments (GMM) and general FGLS models,
mean groups (MG), demeaned MG, and common correlated effects (CCEMG) and pooled (CCEP) estimators
with common factors, variable coefficients and limited dependent variables models.
Test functions include model specification, serial correlation, cross-sectional dependence,
panel unit root and panel Granger (non-)causality. Typical references are general econometrics
text books such as Baltagi (2021), Econometric Analysis of Panel Data (<doi:10.1007/978-3-030-53953-5>),
Hsiao (2014), Analysis of Panel Data (<doi:10.1017/CBO9781139839327>), and Croissant and Millo (2018),
Panel Data Econometrics with R (<doi:10.1002/9781119504641>).

Kevin Tappe

Linear Models for Panel Data

Yves Croissant

Giovanni Millo

Ott Toomet

Christian Kleiber

Achim Zeileis

Arne Henningsen

Liviu Andronic

Nina Schoenfelder

Wages function

A data frame containing:<dl>
<dt>exp</dt>
<dd>years of full-time work experience.</dd><dt>wks</dt>
<dd>weeks worked.</dd><dt>bluecol</dt>
<dd>blue collar?</dd><dt>ind</dt>
<dd>works in a manufacturing industry?</dd><dt>south</dt>
<dd>resides in the south?</dd><dt>smsa</dt>
<dd>resides in a standard metropolitan statistical area?</dd><dt>married</dt>
<dd>married?</dd><dt>sex</dt>
<dd>a factor with levels <code>"male"</code> and <code>"female"</code></dd><dt>union</dt>
<dd>individual's wage set by a union contract?</dd><dt>ed</dt>
<dd>years of education.</dd><dt>black</dt>
<dd>is the individual black?</dd><dt>lwage</dt>
<dd>logarithm of wage.</dd>
 
</dl>

Format

A panel of 595 individuals from 1976 to 1982, taken from the Panel Study of
Income Dynamics (PSID). The data are organized as a stacked time
series/balanced panel, see Examples on how to convert to a
<code>pdata.frame</code>.

Panel Data of Individual Wages — Wages

A data frame containing:<dl>
<dt>exp</dt>
<dd>years of full-time work experience.</dd>

<dt>wks</dt>
<dd>weeks worked.</dd>

<dt>bluecol</dt>
<dd>blue collar?</dd>

<dt>ind</dt>
<dd>works in a manufacturing industry?</dd>

<dt>south</dt>
<dd>resides in the south?</dd>

<dt>smsa</dt>
<dd>resides in a standard metropolitan statistical area?</dd>

<dt>married</dt>
<dd>married?</dd>

<dt>sex</dt>
<dd>a factor with levels <code>"male"</code> and <code>"female"</code></dd>

<dt>union</dt>
<dd>individual's wage set by a union contract?</dd>

<dt>ed</dt>
<dd>years of education.</dd>

<dt>black</dt>
<dd>is the individual black?</dd>

<dt>lwage</dt>
<dd>logarithm of wage.</dd>
 
</dl>

Wages: Panel Data of Individual Wages

Description

Arguments

Format

Details

References

Examples