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desk (version 1.1.2)

data.wage: Wage Data in a Company

Description

This is a data set on the wage structure in a company.

Usage

data.wage

Arguments

Format

A data frame with 20 observations on the following six variables:

wageemployee's monthly wage (in euro).
educemployee's extra education beyond the basic schooling degree (in years).
ageemployee's age (in years).
emplemployee's time of employment in the company (in years).
scoreemployee's IQ test score.
sexemployee's sex (0 = male).
religionemployee's religion (factor variable).

Details

In Auer (2023, Chap. 13) and Auer et al. (2024, Chap. 13) these hypothetical data are used to illustrate the selection of the relevant exogenous variables.

References

Auer, L.v., Hoffmann, S. & Kranz, T. (2024): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).