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GSE (version 4.2-1)

wages: Wages and Hours

Description

The data are from a national sample of 6000 households with a male head earning less than USD 15,000 annually in 1966. The data were clasified into 39 demographic groups for analysis. The study was undertaken in the context of proposals for a guaranteed annual wage (negative income tax). At issue was the response of labor supply (average hours) to increasing hourly wages. The study was undertaken to estimate this response from available data.

Usage

data(wages)

Arguments

Format

A data frame with 39 observations on the following 10 variables:

HRSAverage hours worked during the year
RATEAverage hourly wage (USD)
ERSPAverage yearly earnings of spouse (USD)
ERNOAverage yearly earnings of other family members (USD)
NEINAverage yearly non-earned income
ASSETAverage family asset holdings (Bank account, etc.) (USD)
AGEAverage age of respondent
DEPAverage number of dependents
RACEPercent of white respondents
SCHOOLAverage highest grade of school completed

References

D.H. Greenberg and M. Kosters, (1970). Income Guarantees and the Working Poor, The Rand Corporation.