Description
The data give average values in 1991 on several economic indicators for 45 world cities. All prices are in US dollars, using currency conversion at the time of publication.
Format
A data frame with 45 observations on the following 10 variables.
BigMac
- Minimum labor to buy a BigMac and fries
Bread
- Minimum labor to buy 1 kg bread
BusFare
- Lowest cost of 10k public transit
EngSal
- Electrical engineer annual salary, 1000s
EngTax
- Tax rate paid by engineer
Service
- Annual cost of 19 services
TeachSal
- Primary teacher salary, 1000s
TeachTax
- Tax rate paid by primary teacher
VacDays
- Average days vacation per year
WorkHrs
- Average hours worked per year
Source
Rudolf Enz, "Prices and Earnings Around the Globe",
1991 edition, Published by the Union Bank of Switzerland.References
Cook, RD and Weisberg, S (2004). Applied Regression Including Computing and Graphics, New York: Wiley, http://www.stat.umn.edu/arc.